FX.co ★ China Data On Tap For Monday

China is expected to publish a series of key economic data on Monday, making it an important day for Asia-Pacific economic news. Report due to be released include statistics for February related to retail sales, industrial production, fixed asset investment, and unemployment.

In the month of January, China saw an increase in retail sales by 7.4% year-on-year, while its industrial production saw a rise of 6.8%. Meanwhile, fixed asset investment grew by 3.0% and the unemployment rate stood at 5.1%.

Japan will also be sharing figures related to core machine orders for the month of January. The previous month saw an increase of 2.7% on a monthly basis but a decrease of 0.7% annually.

Singapore is set to release February's data concerning non-oil domestic exports. During January, exports increased by 2.3% monthly and surged to 16.8% on an annual basis.

Malaysia is slated to disclose February's data for imports, exports and trade balance. In January, imports saw a substantial growth of 18.8% year-on-year, while exports went up by 8.7%. The trade surplus in January stood at MYR 10.10 billion.

Lastly, Hong Kong is due to publish its unemployment data for February; the unemployment rate there in January was 2.9%.