RTTNews - Malaysia is scheduled to release May numbers for imports, exports and trade balance on Friday, headlining a light day for Asian economic news. Imports are forecast to fall 24.3 percent on year after diving an annual 22.4 percent in April. Exports are called lower by 29.2 percent after dropping 26.3 percent in the previous month. The trade balance is expected to show a surplus of 8.88 billion ringgit after coming in at 7.36 billion ringgit a month earlier.
The Indonesian central bank will announce its decision on interest rates, with analysts split on its course of action. Some believe the bank will hold rates steady at 7 percent, while others are looking for a cut of 25 basis points down to 6.75 percent.
Thailand will provide foreign reserves numbers for the week ending June 26. Forecasts call for an increase of 122.9 percent on year after the 122.4 percent annual jump in the previous week.
Taiwan will announce foreign reserves data for June, with analysts predicting a surplus of $323.5 billion after the $312.64 billion surplus in May.
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