Japanese Exports To US Plunge Most Since 2011 As Weak Yen Tailwind Evaporates

• Japanese Exports To US Plunge Most Since 2011 As Weak Yen Tailwind Evaporates
  by Tyler Durden, www.zerohedge.com 
  Japan just posted its largest trade surplus in 5 years(+JPY243bn) as exports dropped 4% YoY (worse than expected) but imports fell 14.2% (better than expected). However, the biggest standout was the ongoing deterioration in Japanese exports to the US which dropped by the most since 2011 as the ‘advantages’ of a devalued currency appear to have hit their limit. Time for some more devaluation Abe… or Peter Pan(ic).
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