Topic

Currencies & trade

Exchange rates, trade balances, tariffs and imported inflation.

Stories

In the news

Newest first.

24 Oct 2026Japan’s oil bill pushes its trade balance into deficit for a fifth monthThe April–September deficit reached ¥2.81tn ($17.8bn). Imports rose 20%, and the yen is near 157 to the dollar.Japan · External shock → trade & yen · Effect

Mechanics

The mechanics behind it

Mechanic 01How inflation, interest rates and bond yields fit together Mechanic 03How an oil shock travels through the economy

Concepts

Terms used on this topic

Brent crude Imported inflation Inflation Policy rate Trade balance

More topics

Other topics

Inflation & central banks Bonds & government debt Energy & commodities Markets & risk