RTTNews - Hong Kong is scheduled to release June numbers for imports, exports and trade balance on Monday, headlining a light day for Asian economic news. Imports are forecast lower by 12.5 percent on year following the 19.2 percent annual contraction in May. Exports are called lower by 8.3 percent on year after the 14.5 percent annual decline in the previous month. The trade balance is predicted to show a deficit of 12.9 billion Hong Kong dollars after the 11 billion HKD shortfall a month earlier.
Japan is poised to release its corporate service price index for May. Analysts are tipping a decline of 3.3 percent on year after the index eased an annual 3 percent in the previous month.
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