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15th Sep 2022 15:15China+, Daily Monitor

  • Japan’s trade deficit blew out in August, thanks to energy costs and a falling yen.
  • Exports are softer than they seem, flattered for now by price and base effects, but slowing at the margin.
  • Yen weakness is worrying policymakers, but it can’t be fixed by unilateral intervention.

boj deficit depreciation e.u. energy exports fed import growth japan korea policy policymakers real exports September trade trade deficit u.s. yen yield curve

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Keywords for: 16 Sept 2022 China+ Monitor

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