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Taiwan Trade Balance Due On Monday

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Taiwan is scheduled to release October numbers for imports, exports and trade balance on Monday, headlining a light day for Asian economic news. Taiwan also will release November figures for inflation and wholesale inflation.

Imports are expected to rise 12 percent on year after shedding an annual 6.7 percent in September. Exports are called higher by 19.3 percent on year after declining an annual 4.7 percent in the previous month. The trade balance is expected to show a surplus of $2.7 billion following the $3.23 billion surplus a month earlier.

Inflation is tipped to fall 1 percent on year after easing an annual 1.84 percent in October. WPI is predicted to add 0.1 percent on year after declining 6.23 percent on year a month earlier.

(Market News Provided by RTTNews)

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