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Thai Trade Balance On Tap For Monday

Thailand will on Monday release January figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.

Imports are expected to rise 6.4 percent on year following the 19.1 percent surge in December. Exports are called flat after shedding 2.0 percent in the previous month. The trade balance is expected to show a deficit of $1.975 billion following the $2.130 billion shortfall a month earlier.

Finally, the Taiwan Stock Exchange is closed Monday and Tuesday for Peace Memorial Day. It will re-open on Wednesday.

by RTT Staff Writer

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