FX.co ★ Australia Unemployment Data Due On Thursday

On Thursday, Australia will reveal its unemployment statistics for June, marking a relatively quiet day for economic activity in the Asia-Pacific region.

The unemployment rate is anticipated to rise slightly to 4.1 percent from May's 4.0 percent. The Australian economy is expected to add 19,900 jobs, down from an increase of 39,700 jobs in the previous month. The participation rate is projected to remain steady at 66.8 percent.

Japan will release its June data for imports, exports, and trade balance. Imports are projected to increase by 9.3 percent year-over-year, slightly down from 9.5 percent in May. Exports are forecasted to grow by 6.4 percent annually, a decrease from 13.5 percent in the prior month. The trade deficit is expected to be 240.0 billion yen, compared to the previous month's shortfall of 1,220.1 billion yen.

Malaysia will announce its June figures for imports, exports, and trade balance. Imports are expected to surge by 15.5 percent year-over-year, up from 13.8 percent in the previous month. Exports are estimated to rise by 4.6 percent annually, which is a decline from the previous month's 7.3 percent increase. The trade surplus is projected at 14.80 billion ringgit, up from May’s 10.10 billion ringgit.

Hong Kong will release its unemployment figures for June, with the jobless rate anticipated to remain steady at 3.0 percent.