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New Zealand Trade Balance Due On Thursday

5/23/2012 6:33 PM ET

New Zealand is on Thursday set to provide April figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic news.

The trade balance is expected to show a surplus of NZ$400 million, up from NZ$134 million in March. Exports are called at NZ$4.10 billion, down from NZ$4.22 billion in the previous month. Imports are forecast at NZ$3.70 billion, down from NZ$4.08 billion a month earlier.

Hong Kong also will release April trade figures, with analysts expecting a deficit of 40.8 billion Hong Kong dollars. That follows the 43.87 billion HKD shortfall in March.

China will release the results of the HSBC Flash China Manufacturing PMI for May; it saw a score of 49.3 in April.

Finally, the Bank of Japan will release its monthly economic report.

by RTT Staff Writer

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