Japan Exports (YoY) For August -0.8% Vs. -1.7% Est.; -0.3% Prior
Portfolio Pulse from Benzinga Newsdesk
Japan's year-on-year exports for August decreased by 0.8%, which is better than the estimated decrease of 1.7%, but worse than the prior decrease of 0.3%.
September 20, 2023 | 4:22 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
The better-than-expected export data may have a positive impact on BBJP, which tracks Japanese equities.
BBJP tracks Japanese equities and therefore, any positive news about the Japanese economy, such as better-than-expected export data, can have a positive impact on the ETF.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The export data may have a positive impact on DXJ, which tracks Japanese equities but hedges against the yen's movements.
DXJ tracks Japanese equities but hedges against the yen's movements. Therefore, any positive news about the Japanese economy can have a positive impact on the ETF.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The export data may have a positive impact on EWJ, which tracks a broad range of Japanese equities.
EWJ tracks a broad range of Japanese equities. Therefore, any positive news about the Japanese economy can have a positive impact on the ETF.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80