Hong Kong Trade Balance On Tap For Tuesday

Hong Kong Trade Balance On Tap For Tuesday


Hong Kong is on Tuesday scheduled to release August figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.
The trade balance is expected to reflect a deficit of 37 billion Hong Kong dollars following the 40.13 billion HKD shortfall in July. Exports were at 276.21 billion HKD in the previous month, while imports came in at 316.34 billion HKD.
China will see the August results for the leading and coincident indexes from the Conference Board. The leading index was up 0.7 percent in July, while the coincident was up 0.8 percent.
Japan will release August figures for corporate service prices, as well as the September results for small business confidence. Corporate service prices are expected to fall 0.3 percent on year after easing 0.2 percent in July. The small business confidence index saw a score of 44.8 in August.