China Trade Data Due On Monday

China is scheduled to release December figures for imports, exports and trade balance on Monday, highlighting a modest day for Asia-Pacific economic activity.

Imports are expected to have risen 9.6 percent on year after adding 0.3 percent in November. Exports are called higher by an annual 2.5 percent after slipping 1.3 percent in the previous month. The trade balance is expected to reflect a surplus of $45.70 billion, up from $38.73 billion a month earlier.

China also will see December numbers for new yuan loans, with forecasts suggesting a total of 1,200 billion – down from 1,390 billion in November.

Malaysia will provide November numbers for unemployment; in October, the jobless rate was 3.2 percent and the unemployment rate was 68.7 percent.

Australia will see December results for the inflation forecast from TD Securities; in November, the forecast suggested a flat monthly reading and a gain of 1.5 percent on year.

Finally, the markets in Japan are closed on Monday for Respect for the Aged Day and will reopen on Tuesday.

The material has been provided by InstaForex Company –

Source:: China Trade Data Due On Monday

Won't your trader friends like this?
About the Author
InstaForex brand was created in 2007 and at the moment it’s a top choice of more than 2,000,000 traders. More than 1,000 clients open accounts with InstaForex every day. All InstaForex clients get great opportunities for effective trading on the forex market, as well as on-time technical and customer support

Related Posts

Leave a Reply