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Singapore GDP On Tap For Friday

Singapore will release an advance estimate for Q3 GDP on Friday, headlining a modest day for Asia-Pacific economic activity.

GDP is expected to have risen 3.7 percent on quarter and 3.8 percent on year after gaining 2.2 percent on quarter and 2.9 percent on year in the three months prior.

China will see September results for imports, exports and trade balance. Imports are expected to climb 15.2 percent on year after rising 13.3 percent in August. Exports are called higher by 9.8 percent, up from 5.5 percent in the previous month. The trade balance is expected to show a surplus of $38.05 billion, down from $41.99 billion a month earlier.

Japan will provide September figures for money stock. The M2 money stock is expected to hold steady at 4.0 percent, while M3 is called unchanged at 3.4 percent.

The material has been provided by InstaForex Company – www.instaforex.com

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