Japan February exports are seen surging at fastest pace since 2015

Japan February exports are seen surging at fastest pace since 2015

In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday.

However, uncertainty over probable trade protectionist moves by America is still clouding revival prospects for the world's number three economy.

In February, exports leapt 10.6% from a year earlier, which would be the biggest revenue since January 2015 when they inched up 16.9%.

The number were probably flattered by a rebound in Asian demand, after Japan's shipments tumbled in January because of the long Lunar New Year holidays in China as well as other parts of the region. Apparently, in January, shipments had soared 1.3%.

Imports acquired 0.6% from a year earlier, dipping steeply from surge of 8.5% in January, which marked their first growth in two years.

It’s expected to produce a trade surplus of 822.0 billion yen, compared with January’s outcome of 1.09 trillion yen, as the survey of 20 analysts revealed. 

Similar

News from US central bank
News from US central bank

The Federal Reserve (FOMC), US central bank, will publish its December meeting minutes on Wednesday, January 5, at 21:00 GMT+2 (MetaTrader time).

May 2020 forex season trading
May 2020 forex season trading

April seasonal patterns weren’t supposed to work, but somehow they did. Even a strong fundamental issue such as the global recession amid the coronavirus couldn’t overwhelm it. That’s why May seasonal patterns may work as well.

Latest news

Can the UK CPI surprise?
Can the UK CPI surprise?

The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.

The US Retail Sales Update
The US Retail Sales Update

The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.

Deposit with your local payment systems

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera