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Singapore Data Due On Thursday

Singapore is scheduled to release key economic data on Thursday, including final Q4 numbers for unemployment and January figures for retail sales.

The unemployment rate is expected to see little change from the preliminary reading for 2.0 percent compared to the previous three quarters. Retail sales are expected to rise 0.5 percent on year and fall 1.9 percent on month following the 4.2 percent annual gain and the 2.4 percent monthly contraction in December.

Thailand will provide January figures for imports, exports and trade balance. Imports are expected to rise 6.4 percent on year following the 19.1 percent jump in December. Exports are called flat on year after shedding 2.0 percent in the previous month. The trade balance is expected to show a deficit of $1.975 billion after posting a $2.130 billion shortfall a month earlier.

Australia will announce February figures for new motor vehicle sales and foreign exchange numbers. Vehicle sales were up 1.3 percent on month and 2.7 percent on year in January, while forex transactions were at A$383 million. In addition, the Reserve Bank of Australia will release its quarterly bulletin.

by RTT Staff Writer

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