Japan Adjusted Trade Balance -0.55T Vs. -0.90T Est.; -0.78T Prior
Portfolio Pulse from Benzinga Newsdesk
Japan's adjusted trade balance has improved, coming in at -0.55T compared to the estimated -0.90T and the previous -0.78T.
July 20, 2023 | 3:57 am
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POSITIVE IMPACT
The improved trade balance in Japan may positively impact the iShares MSCI Japan ETF (EWJ).
The iShares MSCI Japan ETF (EWJ) tracks the performance of the Japanese market. An improved trade balance indicates a healthier economy, which could lead to a rise in the value of the ETF.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80