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Japan's exports surge 13.5% in May

16 Comments
By YURI KAGEYAMA

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16 Comments
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Oh yes falling prices is so bad, god forbid saving money is promoted instead of being in debt all the time.

-3 ( +7 / -10 )

The value of Japan’s imports tends to grow when the Japanese yen loses value against the U.S. dollar and other major currencies. The dollar is trading at nearly 158 yen, up from 140-yen levels a year ago.

This makes little sense other than trying to sugar coat the fact that things cost more for the average consumer because the value of the yen dropped through the floor.

That 1 liter of gasoline that used to cost 120 yen, now sits at around 160 yen (yeah I know different places different prices) doesnt make it more "valuable" really. There is zero value if no one can afford to buy it!

-5 ( +3 / -8 )

Why, then, has the NIKKEI been doing poor in the last few months?

-9 ( +11 / -20 )

The record levels of foreign tourists in Japan is definitely playing a decent part in boosting these export numbers.

Hopefully these numbers keep ticking upwards.

5 ( +12 / -7 )

Awesome news!

0 ( +9 / -9 )

Good News for everyone, congrats.

-6 ( +2 / -8 )

Many experts now believe the yen USD will trade a 230jpy / USD by the end of this decade.

-10 ( +3 / -13 )

Awesome!

-3 ( +4 / -7 )

Many experts now believe the yen USD will trade a 230jpy / USD by the end of this decade.

Those arm chair quarterbacks, looking into their crystal balls better take into account that the Japanese government aint going to allow that to happen!

Japan holds too much US debt for the US to allow Japan's economy sink too far, as Japan could put a big arse hurt on the US if it starts selling off the US debt it holds to keep the yen afloat.

I always love how folks talk about "experts" but fail to support what they say with any proof!

As of March 2024, Japan is the largest foreign holder of US public debt, owning $1.187 trillion. This is the largest amount Japan has held since August 2022, when it owned $1.196 trillion

-1 ( +6 / -7 )

Many experts now believe the yen USD will trade a 230jpy / USD by the end of this decade.

Why? If you look into history, the high interest rate episodes of the West were all rather short and followed by low interest rate policy.

As soon as the West drops to low interest rates (EU already started btw), the Yen will rise in relative value again.

7 ( +13 / -6 )

> Shadows of the Rising SunToday  05:31 pm JST

Why, then, has the NIKKEI been doing poor in the last few months?

Good point. It has not moved in 3 months.

I'd like to know why too.

-1 ( +12 / -13 )

No trade surplus with the yen at 157? Most be really bad

-7 ( +0 / -7 )

Although the yen is 157 and the trade surplus is positive news, things can go from bad to worse. Norinchukin Bank (JA bank+fishers bank+forestry bank) is in big trouble.

157/USDA night seem like a bargain by the end of summer. It may still not be too late to convert whatever yen you have to dollars.

-4 ( +1 / -5 )

Shadows of the Rising Sun:

Why, then, has the NIKKEI been doing poor in the last few months?

You should look at the Nikkei Index in the long term, not just a few months, if you want to see the relationship between USD/JPY and stock values.

When the Japanese yen gets devalued, the Nikkei Index grows, and vice versa.

USD/JPY Trend (Select Max Period):

https://www.google.com/finance/quote/USD-JPY?sa=X&ved=2ahUKEwiE55mD1_v6AhVfkIkEHVrwBt8QmY0JegQICBAb&window=MAX

Nikkei 255 Index Trend (Select Max Period):

https://www.google.com/search?q=nikkei+225&rlz=1C1CHBF_enUS1044US1044&oq=nikkei&aqs=chrome.3.69i60j69i57j0i4i512j69i59j0i4i512j69i65j69i60l2.4998j0j7&sourceid=chrome&ie=UTF-8

1 ( +1 / -0 )

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