On Monday, China will release January figures for its manufacturing, non-manufacturing, and composite indexes, as provided by the National Bureau of Statistics. In December, these figures stood at 50.1, 52.2, and 52.2, respectively, hinting at a relatively quiet day in Asia-Pacific economic developments.
Additionally, China will publish December's industrial profit data. Previously, there was a 4.7 percent year-on-year decline in November.
Japan is set to disclose its November statistics for the leading and coincident indexes. The leading index is anticipated to drop by 2.1 percent month-on-month, following a modest increase of 0.2 percent in October. Meanwhile, the coincident index is predicted to decrease by 1.5 percent month-on-month after experiencing a 2.8 percent rise in the preceding month.
Hong Kong will unveil its December figures for imports, exports, and trade balance. In November, imports rose by 5.7 percent month-on-month, and exports increased by 2.1 percent, resulting in a trade deficit of HKD 43.4 billion.
Lastly, markets in Australia (due to Australia Day), Taiwan (for Lunar New Year), and Indonesia (celebrating Isra and Miraj) will remain closed on Monday.
The material has been provided by InstaForex Company - www.instaforex.com
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