Japan September exports -1.7% y/y (expected +0.5%) & imports +2.1% (expected +3.2%)
The Japan September trade data has missed estimate with export at -1.7% y/y and import 2.1% y/y. It is a poor report but import continues to grow and suggest there is some underlying strength in consumption. JGB are outperforming I.S. Treasury Yields on Thursday's Asia session.
USD/JPY is trading 0.17% lower at 149.37.
