RTTNews - Malaysia is set to announce April numbers for imports, exports and trade balance on Thursday, headlining a modest day for Asian economic news. Analysts are predicting a 28.1 percent decline on year for imports following the 28.7 percent contraction in March. Exports are called lower by an annual 21.8 percent after the 15.6 percent fall in the previous month. The trade balance is forecast at 12.5 billion ringgit, holding steady from the previous month.
Japan will release first quarter figures for capital spending, with analysts expecting a decline of 27.1 percent after the 17.3 percent contraction in the previous three months. Excluding software, capital spending was down 18.10 percent in the previous quarter.
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