CANBERA (dpa-AFX) - New Zealand is on Monday scheduled to release November figures for imports, exports and trade balance, highlighting a modest day for Asia=Pacific economic activity.
Imports are expected to come in at NZ$4.20 billion, up from NZ$4.16 billion in October. Exports are called at NZ$3.90 billion, up from NZ$3.88 billion in the previous month. The trade balance is expected to reflect a deficit of NZ$300 million after posting a shortfall of NZ$282 million a month earlier.
Australia is set to release November numbers for retail sales and new home sales, plus December figures for job advertisements and the AiG Performance of Construction Index. Retail sales are expected to add a seasonally adjusted 0.4 percent on month after collecting 0.2 percent in October. New home sales saw a monthly gain of 5.5 percent in October. Job ads were flat on month in November, while the construction index saw a score of 39.6 a month earlier.
Taiwan will announce December numbers for imports, exports and trade balance. Imports are expected to ease 1.0 percent on year after shedding 10.4 percent in November. Exports are called higher by an annual 3.7 percent after gathering 1.3 percent in the previous month. The trade balance is expected to reflect a surplus of $2.74 billion, down from $3.2 billion a month earlier.
Finally, the stock markets in Japan are closed on Monday for Coming of Age Day. They will re-open on Tuesday.
Copyright RTT News/dpa-AFX