New Zealand Trade Balance On Tap For Wednesday

Trading 26 fév 2019 Donner votre avis

New Zealand will on Wednesday release January figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.

Imports are expected to be worth NZ$5.0 billion, down from NZ$5.22 billion in December. Exports are seen at NZ$4.8 billion, down sharply from NZ$5.48 billion in the previous month. The trade deficit is pegged at NZ$300 million.

Australia will see Q4 figures for construction work done, with forecasts suggesting an increase of 0.5 percent following the 2.8 percent decline in the three months prior.

Hong Kong will provide Q4 data for gross domestic product; in the previous three months, GDP was up 0.1 percent on quarter and 2.9 percent on year.

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