Looking Ahead in Asia

This week in Asia will be busy with India’s federal budget, elections in Indonesia and Chinese data likely to dominate the headlines.

The week starts in Tokyo, where Japan’s current account data for May is due. The world’s third-largest economy posted a lower-than-expected trade surplus in April. Investors will be looking to see whether May will mark a fourth straight month of surplus.

Wednesday also brings China’s inflation and trade data for the month of June.  After consumer price inflation spiked to a four-month high of 2.5 percent on year in May, Moody’s Analytics expects a slightly softer reading of 2.3 percent for June.


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