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FX.co ★ China Trade Data On Tap For Thursday

China Trade Data On Tap For Thursday

China is set to publish its October data for imports, exports, and trade balance on Thursday, drawing attention to a relatively quiet day for economic activities in the Asia-Pacific region. In September, the country's imports saw a year-on-year increase of 0.3%, while exports rose by 2.4%, resulting in a trade surplus of $81.71 billion.

Australia will announce its September statistics for imports, exports, trade balance, and building approvals. The figures for August showed a marginal decline of 0.2% for both imports and exports, leading to a trade surplus of AUD 5.644 billion. During the same period, building approvals experienced a significant monthly decrease of 4.9%.

Japan is expected to release its September data on overall wage income, with predictions indicating a growth of 3.0%, an increase from 2.8% in August.

Meanwhile, South Korea will unveil its current account figures for September, following a $6.60 billion current account surplus recorded in August.

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