Australia will on Thursday release May figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.
The trade balance is expected to show a deficit of A$500 million after showing a shortfall of A$203 million in April. Imports were at A$26.29 billion in the previous month, while exports came in at A$26.08 billion.
The Malaysian central bank will conclude its monetary policy meeting and then announce its decision on interest rates. The bank is widely expected to keep rates on hold at 3.00 percent.
The Philippines will provide June figures for consumer prices; inflation was up 4.5 percent on year and flat on month in May.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.