The Nikkei Rises Despite Disappointing Trade Numbers

The Japanese trade deficit widened to 1.45 trillion yen about $14.1 billion in March, according to latest report from the Ministry of Finance. The number was wider than expectations for 1.08 trillion yen. This  came on the back of an 18.1% year-over-year rise in imports, which were above expectations for a 16.2% rise. Meanwhile, imports were up a modest 1.8%, below expectations for a 6.5% rise. Demand for foreign goods climbed ahead of the April 1 sales-tax rise. This along with higher energy c...