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Japan's trade balance to 0.47T

ArgusFX

Japan

Japan's trade balance climbed from 0.36T to 0.47T and did not match the economists' forecasts for appreciation to 0.41T.

Japan's TB to 0.47T and Thailand's GDP to 3.2%

Thailand

Thailand's gross domestic product dropped from 3.5% to 3.2%. The analysts predicted the nation's GDP to decline to 3.4%.

Singapore

The Singaporean economy is estimated to have weakened, but at a slower pace, despite the risks of a recession and the rise in uncertainty which brought fear and confusion.

As per the latest survey that was conducted by a group of economists, the majority of experts expect that Singapore's GDP will be 2.5% lower compared to the previous quarters.

Oil prices

Today, oil escalated approximately 1%. Brent crude traded at $47.31 per barrel, rising 0.96% or 65 cents. The West Texas Intermediate (WTI) traded at $46.10 a barrel, 0.9% or 41 cents higher.

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Source: https://www.argusfx.com/en/research-education/market-analysis/news/japan-s-trade-balance-to-0.47t
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