Back

RTRS Poll: Japan's April exports seen up for fifth straight month, core CPI to rise

Reuters out with a latest poll on Japan’s trade and CPI data due to be reported next week.

Key findings:

Analysts see a global economic upturn continuing to support Japanese trade.

Exports were seen likely to have grown 7.8 percent in April from a year ago after jumping 12.0 percent in March, the biggest gain in more than two years.

Imports were expected to increase 14.8 percent last month from a year earlier taking the trade surplus to 520.7 billion yen ($4.69 billion).

Core consumer prices are expected to have accelerated last month, led by energy costs.

Prices of other items remained weak, analysts say, suggesting there is some way to go before the Bank of Japan's 2 percent price growth target is reached.

The core consumer price index (CPI), which includes oil products but excludes volatile fresh food prices, likely rose 0.4 percent in April from a year earlier, up for a fourth straight month

EUR/USD still bullish in the longer run – Danske Bank

Analyst at Danske Bank Aila Mihr sees the pair edging higher in the medium to long terms. Key Quotes “The EUR rally lost momentum yesterday and EUR/
Read more Previous

Euro has become more ‘risk on’ again while yen still trades very ‘risk off’ – Goldman Sachs

The analysis team at Goldman Sachs explains that using the VIX to measure risk sentiment allows them to track how currencies behave in broad ‘risk-on’
Read more Next