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Taiwan Trade Balance On Tap For Wednesday

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Taiwan is scheduled to release September numbers for imports, exports and trade balance on Wednesday, headlining a light day for Asian economic news. Imports are expected to decline 20.3 percent on year following the 32.3 percent annual contraction in August. Exports are seen lower by 15.6 percent on year after the 24.6 percent annual decline in the previous month. The trade balance is forecast to show a surplus of $2 billion after posting a $1.96 billion surplus a month earlier.

Also, China's Shanghai Composite Index continues to observe its National Day holiday week. It will resume trade on Friday.

(Market News Provided by RTTNews)

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