Japan will on Wednesday release May figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.
Imports are expected to rise 11.0 percent on year following the upwardly revised 9.5 percent gain in April. Exports are called higher by 6.4 percent following the 3.8 percent increase in the previous month. The trade balance is expected to reflect a deficit of 1,202.8 billion yen after showing an upwardly revised shortfall of 881.9 billion yen a month earlier.
Japan also will see May numbers for department store sales; in April sales in Tokyo were up 2.1 percent, while nationwide sales dipped an annual 0.5 percent.
New Zealand will provide Q1 data for current account, with analysts expecting a deficit of NZD639 million following the NZD3.255 billion shortfall in the previous three months.
Australia will see the April results for the leading indexes from both the Conference Board and Westpac; in March, they were up 0.1 percent and 0.2 percent, respectively.
Malaysia will release inflation data for May, with analysts expecting no change from the April reading in which CPI was up 0.1 percent on month and 1.7 percent on year.
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