Asian Economic News

New Zealand Trade Balance On Tap For Friday

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

Imports are expected to be worth NZ$3.60 billion after coming in at NZ$3.70 billion in March. Exports are called at NZ$4.06 billion after showing NZ$4.42 billion in the previous month. The trade balance is expected to reflect a surplus of NZ$480 million after coming in at NZ$718 million a month earlier.

Singapore will provide Q1 figures for current account balance; in the previous three months, Singapore saw a surplus of S$12.81 billion.

The Philippines will release April figures for imports, exports and trade balance. In March, imports were at $4.71 billion and exports came in at $3.74 billion for a trade deficit of $967.0 million.

Finally, stock markets in Singapore, Malaysia and Thailand will be closed for Wesak Day; they will re-open on Monday.

by RTTNews Staff Writer

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