BEIJING (dpa-AFX) - South Korea will on Thursday see an advance estimate for Q2 GDP, highlighting a busy day in Asia-Pacific economic activity.
Gross domestic product is expected to add 0.1 percent on quarter and 3.3 percent on year following the 0.9 percent quarterly increase and the 3.9 percent yearly gain in the previous three months.
New Zealand will release June numbers for imports, exports and trade balance. Imports are expected to be worth NZ$4.05 billion, down from NZ$4.32 billion in May. Exports are called at NZ$4.25 billion, down from NZ$4.60 billion in the previous month. The trade balance is expected to show a surplus of NZ$150 million, down from NZ$285 million a month earlier.
Japan will provide June numbers for imports, exports and trade balance. Imports are expected to rise 8.4 percent on year after shedding 3.6 percent in May. Exports are tipped to add 1.0 percent after losing 2.7 percent in the previous month. The trade balance is expected to show a deficit of 649.0 billion yen after posting a 910.8 billion yen shortfall a month earlier.
Japan also will see preliminary July results for the manufacturing PMI from Markit Economics; in June, the PMI saw a score of 51.5.
Hong Kong will see June numbers for imports, exports and trade balance. In May, imports were worth 348.32 billion HKD and exports were at 305.97 billion HKD for a trade deficit of 42.35 billion HKD.
China will release preliminary July results for the manufacturing PMI from Markit Economics, with forecasts suggesting a score of 51.0 - up from 50.7 in June.
Copyright RTT News/dpa-AFX
© 2014 AFX News
