Australia Unemployment Data Due On Thursday

(RTTNews) - Australia will on Thursday release January figures for unemployment, highlighting a modest day for Asia-Pacific economic activity.

The Australian economy is expected to have added 19,700 jobs last month after the addition of 56,300 in the previous month. The jobless rate is expected to tick up to 4.1 percen4t from 4.0 percent in December, while the participation rate is seen steady at 67.1 percent.

Malaysia will see January figures for imports, exports and trade balance. In December, imports were up 11.9 percent on year and exports jumped an annual 16.9 percent for a trade surplus of MYR19.20 billion.

Taiwan will provide January data for export orders and Q4 data for current account. In December, export orders jumped 20.8 percent on year. In the third quarter of 2024, the current account surplus was $27.48 billion.

Hong Kong will release January numbers for consumer prices; in December, overall inflation was up 0.1 percent on month and 1.4 percent on year.