FX.co ★ Malaysia Trade Data Due On Monday

Malaysia is set to release its April data on imports, exports, and trade balance on Monday, marking a relatively subdued day in terms of Asia-Pacific economic activity.

Expectations for imports suggest a year-on-year increase of 16.4%, up from March's 12.5%. Exports are anticipated to rise by 13.4% annually, rebounding from a 0.8% contraction in the previous month. The trade surplus is projected to be MYR11.70 billion, slightly lower than the MYR12.80 billion recorded in the prior month.

Thailand is scheduled to release its Q1 GDP figures, with forecasts indicating a quarterly rise of 0.6% and an annual increase of 0.8%. This follows a 0.6% contraction in the previous quarter and a 1.7% annual gain in the preceding three months.

Japan will report its March results for the tertiary industry activity index, which saw a 1.5% monthly rise in February, reaching a reading of 0.60.

Taiwan will disclose its April export orders and Q1 current account data. Export orders are expected to see a year-on-year increase of 4.5%, an improvement from the 1.2% rise in March. The current account surplus for the previous quarter was $34.84 billion.

Hong Kong will announce its April unemployment figures, with the jobless rate expected to remain steady at 3.0%.