FX.co ★ China Trade Data Due On Monday

China is set to unveil its trade figures for December, detailing data on imports, exports, and the trade balance, which is anticipated to mark a relatively light day for economic updates in the Asia-Pacific region.

Imports are predicted to decrease by 1.5% year-on-year following a 3.9% decline in November. Conversely, exports are expected to rise by 7.3% annually, an increase from the 6.7% growth observed in the preceding month. The trade surplus is projected to reach $100 billion, an improvement from the previous month's $97.44 billion.

In Australia, December's inflation figures from the Melbourne Institute and job advertisement data from ANZ Bank will be released. The prior month recorded a 0.2% monthly increase in inflation, while job advertisements fell by 1.3%.

New Zealand will report November's building consent figures, with October showing a 5.2% monthly decline.

Meanwhile, Japanese markets will remain closed on Monday in observance of Respect For The Aged Day, resuming activities on Tuesday.