Forex News

Australian GDP is expected to be released.

On Wednesday, Australia will release third-quarter GDP data, which heralds a busy day for Asia-Pacific economic activity.

GDP is expected to increase by 0.6 percent q / q and 3.3 percent yoy, falling from 0.9 percent q / q and 3.4 percent y / y in the last quarter.

Australia will also see the November data on the AiG service activity index; in October, the index was 51.1.

New Zealand will provide data on ANZ commodity prices. In October, commodity prices fell 2.4 percent.

China will publish November data on the services sector and a composite index from Caixin; in October, the figures were 50.8 and 50.5, respectively.

Japan will provide November data on the service industry and the Nikkei composite index; in October, their values ​​were 52.4 and 52.5, respectively.

Malaysia will publish October data on imports, exports and the trade balance. In September, imports amounted to 67.8 billion ringgits, and exports – 83.0 billion with a positive trade balance of 15.3 billion.

The Philippines will provide data on unemployment in the third quarter and November inflation data. In the second quarter, the unemployment rate was 5.4 percent, with a participation rate of 60.1 percent. In October, inflation rose by 0.3 percent in monthly terms and by 6.7 percent in annual terms.

Hong Kong and Singapore will present the November data on PMI for the private sector from the Nikkei; in October, their values ​​were 48.6 and 53.6, respectively.

Markets in Thailand are closed on Wednesday for the birthday of the late King Bhumibol and reopen on Thursday.