RTTNews - Japan will provide merchandise trade balance data for June on Thursday, headlining a modest day for Asian economic activity. The trade balance is expected to show a surplus of 610 billion yen after the 299.8 billion yen surplus in May. The adjusted balance is forecast to show a surplus of 513.9 billion yen after the 222.4 billion yen surplus in the previous month. Exports are expected to fall 35 percent on year, while imports are seen down by an annual 42 percent. The Finance Ministry also will provide weekly capital inflow figures for stocks and bonds.
Singapore is set to release June figures for its consumer price index. Analysts are expecting a contraction of 0.6 percent on year after the 0.3 percent annual decline in May.
Taiwan will provide June numbers for export orders and industrial output. Export orders are expected to fall 18.7 percent on year following the 20.14 percent annual contraction in May. Output is called lower by 16 percent on year after falling 18.31 percent on year in the previous month.
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