New Zealand Trade Data Due On Thursday


New Zealand will on Thursday release Mach numbers for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In February, imports were worth NZ$4.29 billion and exports were at NZ$4.47 billion for a trade surplus of NZ$181 million.

Australia will provide Q1 figures for import and export prices; in the previous three months, import prices were down 1.0 percent on quarter and export prices rose 5.5 percent on quarter.

Singapore will see March data for import, export and producer prices and Q1 figures for unemployment. In February, import prices were up 0.8 percent on year, export prices were down 1.9 percent and producer prices fell 0.7 percent. The jobless rate was 3.2 percent in the fourth quarter of 2020.

Finally, the markets in Japan and Malaysia are closed on Thursday, for Showa Day and Nuzul Al’Quran, respectively.

The material has been provided by InstaForex Company –


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