FX.co ★ Australia Import, Export Price Data Due On Thursday

Australia is set to publish its Q4 data on import and export prices on Thursday, marking one of the few economic highlights in the Asia-Pacific region that day. The previous quarter saw a decrease of 1.4% in import prices and a 4.3% drop in export prices.

New Zealand will report its trade data for December, including figures for imports, exports, and the trade balance. In the prior month, imports totaled NZ$6.92 billion, while exports amounted to NZ$6.48 billion, leading to a trade deficit of NZ$437 million.

Additionally, a significant portion of Asia-Pacific markets will remain closed on Thursday in observance of the Lunar New Year. These include markets in South Korea, Malaysia, Singapore, Taiwan, China, and Hong Kong.