Japan Trade Balance - BOP Basis: ¥712.9B (February) vs ¥-2937.9B

Apr 8, 2025

US Treasury Sec. Bessent: Japan's non-tariff barriers are quite high

US Treasury Secretary Scott Bessent late Wednesday said late Monday that he has not yet received a trade offer from Japan. Nonetheless, Bessent expects Japan to be prioritized in negotiations due to their early approach, per Fox Business Network.

EUR/USD continues to pare brief tariff gains

On Monday, EUR/USD dropped again, marking a second consecutive day of declines for Fiber and pushing bids down to the 1.0900 level. Following a short break, the US Dollar is back in control of risk-off flows, with weakening investor sentiment further strengthening the Greenback across the board.