Based on the last 12 Balance of Trade events in Japan, GC could trend upwards later today. Based on these past events there is a 75% chance of this. If the released value is > ¥-1150B we could see GC trend upwards 2 hours following the event release at 18 May 23:50.
Historical events that allowed us to draw this conclusion
19 Jan 23:50 |
17 Aug 23:50 |
19 May 23:50 |