Japan’s trade deficit probably fell in March

Preliminary estimates for the first twenty days of the month point to a narrowing of Japan trade deficit (00.50 BST) in March. However, the shortfall is unlikely to shrink much once seasonal factors are taken into account. 

"We forecast a decline in the adjusted deficit from ¥639bn in Feb to ¥500bn. The plunge in export volumes and the surge in import volumes in Feb suggest that net trade was a drag on GDP growth in the first quarter." - said Capital Economics