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Japan Current Account Due On Monday

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Japan is scheduled to release current account numbers for December on Monday, headlining a modest day for Asia-Pacific economic news. Japan also is set to announce January figures for bank lending and money supply, as well as its economic watchers survey.

The current account is forecast to show a surplus of 1.011 trillion yen following the 1.103 trillion yen surplus in November. Bank lending is expected to ease 1 percent on year, while the money supply is forecast to add an annual 3 percent. The eco watcher survey saw a score of 35.4 in December.

Taiwan is set to provide January figures for imports, exports and trade balance. Imports are forecast to surge 100.8 percent on year after adding 56.2 percent in December. Exports are called to rise 62.9 percent on year after climbing an annual 46.9 percent in the previous month. The trade balance is expected to show a surplus of $1.96 billion following the $1.65 billion surplus a month earlier.

Singapore will release its purchasing managers' index for electronics for January. Analysts are expecting the index to show a score of 53.5, up from 52.9 in December.

(Market News Provided by RTTNews)

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