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New Zealand Trade Balance On Tap For Monday

New Zealand is on Monday scheduled to release February figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.

Imports are expected to come in at 3.65 billion New Zealand dollars, down from 3.94 billion NZD in January. Exports are called at 3.93 billion NZD, up from 3.74 billion NZD in the previous month. The trade balance is expected to reflect a surplus of 153 million NZD after showing a deficit of 199 million NZD a month earlier.

Singapore will provide industrial production figures for February, with forecasts suggesting an increase of 3.3 percent on month and a contraction of 8.8 percent on year. That follows the 4.1 percent monthly gain and the 18.4 percent annual surge in January.

by RTTNews Staff Writer

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