Berita Forex


JPY: Merchandise trade surplus widens to $427bn in April – Deutsche Bank Sandeep Kanihama

09:46 23 May /2016 Forex

Research Team at Deutsche Bank, notes that Japan’s customs trade for April revealed a further rise in the seasonally-adjusted trade surplus to JPY426.6bn, up from March’s JPY295.3bn.

Key Quotes

“But with declines in both export volumes (-1.4% mom vs. 1.5% in March) and import volumes (-2.9% mom vs. 0.1% in March). The underlying trend in export volumes remained roughly flat. By destination, export volumes rose 0.4% mom to the US but shrank 4.8% mom to the EU and 1.0% mom to Asia (-0.6%).

The trade surplus, excluding mineral fuel imports, has been stable since 2013 (JPY1.27trn in April). A large part of the improvement in the trade balance since 2014 is due mainly to the falling oil prices. The import volumes of crude oil dropped -30.1% mom in April, following a 12.4% mom surge in March.”

to other news

all news
NZD/AUD: 0.9300 to give way for a multi-week move to the 0.9000 - Westpac

Imre Speizer, Research Analyst at Westpac, expects the 0.9300 area to give way eventually, for a multi-week move to the 0.9000 area for the NZD/AUD cross.Key Quotes“Whether that breakdown starts this week will depend on whether CPI prints higher than the 0.5% qoq median estimate (We

07:46 25 October /2016 Forex

PBOC’s Yi: Yuan was less volatile than major reserve & EM currencies

Reuters posts additional comments from a PBOC deputy governor, Yi Gang’s earlier speech on the Yuan devaluation.Key Quotes:“The Chinese currency has stayed stable against a basket of currencies.”“The yuan was less volatile than major reserve curren

07:46 25 October /2016 Forex

Fed’s Bullard: December is ‘most likely’ for the next rate hike – ANZ

Research Team at ANZ, notes that the St. Louis Fed President (and FOMC voter) Bullard spoke in Arkansas yesterday and said that December is ‘most likely’ for the next rate hike.Key Quotes“But he also said that “the bottom line: low interest rates are likely to continue to be the nor

07:46 25 October /2016 Forex