Forex News

Release of data on trade in China is expected.

Today is expected to release data on imports, exports and trade balance of China for December, which portends a favorable day for economic activity in the Asia-Pacific region.
Imports are expected to increase by 5.0 percent on an annualized basis, after rising 3.0 percent in November. Exports are projected to increase by 3.0 percent after increasing by 5.4 percent in the previous month. The trade surplus is expected to be $ 51.35 billion, up from $ 44.74 billion a month earlier.
In addition, the results of the Australian inflation forecast for December from TD Securities and the Melbourne Institute will be published. Economists had forecast that inflation would remain unchanged on a monthly basis and increase by 1.6 percent on an annualized basis.
Finally, today markets in Japan are closed to commemorate the coming of age and open on Tuesday.