SMM7 March 17: today's focus is on the minutes of the June monetary policy meeting released by the Bank of Japan.
In terms of data, Japan has not adjusted its quarterly merchandise trade account, and Japan is an export-oriented economy. With the phenomenon of commodity trade deficit, national income will flow out of the country, weakening the country's economic performance. As a result, when the country's merchandise trade deficit widens, the yen will fall; conversely, when there is a merchandise trade surplus, the yen will appreciate.
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