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Japan is scheduled to release its merchandise trade balance for August on Thursday, headlining a modest day for Asian economic news. Also due are August figures for supermarket and convenience store sales, as well as July's all-industry activity index.
The merchandise trade balance is forecast to show a surplus of 157 billion yen, down from the revised surplus of 377.9 billion yen in July. The adjusted balance is seen at 187.7 billion yen, down from 194.5 billion in the previous month. Trade exports are expected to fall 36.5 percent on year - the same rate as in July - while trade imports are called lower by an annual 41.6 percent after shedding 40.8 percent a month earlier. The all-activity index is forecast to gain 0.8 percent on month after adding 0.1 percent in June. Supermarket sales fell 4.8 percent on year in July, while convenience store sales dropped an annual 7.5 percent.
Taiwan's central bank will announce its decision on interest rates, with analysts expecting the bank to keep rates on hold at the current 1.25 percent.
Hong Kong is scheduled to release August numbers for imports, exports and trade balance. Imports are expected to fall 9.4 percent on year after the 17.8 percent annual decline in July. Exports are seen lower by 12.6 percent on year after shedding 19.9 percent in the previous month. The trade balance is expected to show a deficit of 20 billion Hong Kong dollars after showing a 21.7 billion HKD shortfall a month earlier.
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