Japan Adjusted Trade Balance -0.56T Vs. -0.56T Est.; -0.60T Prior
Portfolio Pulse from Benzinga Newsdesk
Japan's adjusted trade balance came in line with estimates at -0.56T, showing an improvement from the prior figure of -0.60T.
September 20, 2023 | 4:20 am
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POSITIVE IMPACT
Japan's improved trade balance may positively impact BBJP, an ETF that tracks Japanese equities.
BBJP, which tracks Japanese equities, may see a positive impact as the improved trade balance indicates a healthier Japanese economy, potentially boosting investor confidence in Japanese stocks.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The improved trade balance in Japan may have a positive impact on DXJ, an ETF that tracks Japanese equities hedged against the USD.
DXJ, which tracks Japanese equities hedged against the USD, may benefit from the improved trade balance as it indicates a healthier Japanese economy, potentially boosting investor confidence in Japanese stocks.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
EWJ, an ETF that tracks a broad range of Japanese stocks, may see a positive impact from Japan's improved trade balance.
EWJ, which tracks a broad range of Japanese stocks, may see a positive impact as the improved trade balance indicates a healthier Japanese economy, potentially boosting investor confidence in Japanese stocks.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80