Japan March exports rise for fourth month

Japan March exports rise for fourth month

In March, Japanese exports were expected to ascend for a fourth straight month due to decent global demand, while imports seemed to earn at their fastest for three years as crude prices added, as a Reuters poll disclosed.

Exports were seen likely to edge up 6.7% March from last year after they grew 11.3% in February. That’s what the survey of 18 analysts revealed.

That revenue turned to be the most in more than two years. It also included a rebound from January's Lunar New Year drop.

A revival in crude prices as well as a dipping yen brought Japanese imports up 10.4% from last year, the fastest surge since March 2014 when they inched up an annual 18.2%.

It would generate trade surplus at 575.8 billion yen, which is a third straight month of surplus.

Demand for electronics components from Asian nations probably kept bolstering Japan's exports.

On April 18, the United States and Japan will start a crucial economic dialogue, with Tokyo looking to fend off American pressure to minimize the bilateral trade imbalance. 

Similar

Popular

Asian shares tumble with Japan markets shut

On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…

Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

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