Japanese Exports Hit a Three Year Low

The Nikkei celebrated this poor data with vigor as many anticipate the Yen will drop in the coming months. During the trading session the Nikkei faded the Euphoria and is desperately trying to claw its way back to silly full retard trade.

“Shipments totaled 53.5 trillion yen ($653 billion) for January through October, down 2.3 percent from the same period in 2011, according to data compiled by Bloomberg from Finance Ministry figures released in Tokyo today. The trade deficit for 2012 so far is a record 5.3 trillion yen.”

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