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USD/JPY
▲ Likely positiveRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/20/2026 | 158.173 |
| Change that session | -0.23% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Japan records a trade deficit as oil imports soar because of conflict in the Middle East – Winnipeg Free Press
Japan posted a trade deficit of 2.81 trillion yen ($17.8 billion) for the first half of its fiscal year, according to preliminary Finance Ministry data, as the war in Iran pushed oil import prices sharply higher. Exports for April–September rose 18.4% to 63.5 trillion yen and imports climbed 20.4% to 66.3 trillion yen, both record highs. With the Strait of Hormuz effectively blocked, Brent crude has risen from $70 a barrel in February to around $110, and Japan must pay more for shipments by other routes. The September deficit was 536.6 billion yen, the fifth straight monthly deficit and down from 1.1 trillion yen in August, while a weak yen adds to import costs. The Bank of Japan raised its benchmark rate to 1.25% from 1.0%, a 31-year high.
- Japan records a trade deficit as oil imports soar because of conflict in the Middle East
Japan's trade deficit reached 2.81 trillion yen ($17.8 billion) in the first half of its fiscal year, according to preliminary Finance Ministry data, as the war in Iran drove oil import prices up. Exports for April–September grew 18.4% to 63.5 trillion yen and imports rose 20.4% to 66.3 trillion yen, both record highs. Because the Strait of Hormuz is essentially blocked, Japan has had to pay more for oil shipments from other routes, and Brent crude has climbed from $70 a barrel in February to around $110. The September deficit was 536.6 billion yen, the fifth consecutive monthly deficit and lower than the 1.1 trillion yen recorded in August, while the weak yen raises import costs. The Bank of Japan has raised its benchmark rate to 1.25% from 1.0%, the highest in 31 years.
- Japan records a trade deficit as oil imports soar because of conflict in the Middle East
Japan's trade deficit reached 2.81 trillion yen ($17.8 billion) in the first fiscal half, according to preliminary Finance Ministry data released Wednesday, as the war in Iran sent oil import prices soaring. Exports for April-September rose 18.4% to 63.5 trillion yen and imports rose 20.4% to 66.3 trillion yen, both record highs. Japan relies almost entirely on imported oil, and with the Strait of Hormuz effectively blocked, shipments now come via other routes at higher cost. Brent has risen from $70 a barrel in February to about $100 lately, after topping $110 in recent months, and analysts say prices are unlikely to ease soon. A weak yen near 150 per dollar is also raising import costs, while the Bank of Japan has lifted its benchmark rate to 1.25% from 1.0%.
- Japan PM Sanae Takaichi first year : Military ambitions , market jitters and a gruelling work ethic
- Japan exports rise 16 . 7 % on chip demand | The Straits Times
Japan's exports rose 16.7% year on year in September, the 13th straight monthly gain, driven by strong demand for semiconductors and AI-related products, according to the Ministry of Finance. Exports to the United States rose 22.9% and to China 8.6%, though overall growth fell short of the 20.1% median forecast. Imports rose 18.9%, slower than August's 28% as tankers rerouted away from the Bab el-Mandeb Strait delayed crude oil deliveries. The trade deficit narrowed to 536.6 billion yen from 1.1 trillion yen in August, better than a forecast deficit of 181 billion yen. Markets are now watching the Bank of Japan's October meeting for clues on the timing of its next rate hike.
- BoJ Seeking To Remove Another $22B From Circulation Today
The Bank of Jamaica has already removed $120 billion from circulation through certificates of deposit (CDs) to curb galloping inflation, and will seek to remove another $22 billion tomorrow. Of this, $20.9 billion will be offered via competitive bidding to private commercial and merchant banks, pension funds, insurance companies and securities dealers, while the remaining $1.1 billion goes to public sector agencies including the National Insurance Fund (NIF), the National Housing Trust (NHT) and the Jamaica Mortgage Bank. The minimum subscription is $100,000, and the instrument matures on November 20 of this year, with interest paid that day after the government deducts a 25% withholding tax.
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