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Economic calendar in Asia Friday, 12 July 2024 – Biden speaking, China trade data (June)

US President Biden is holding a press conference at the conclusion of NATO meetings. The media will, of course, be focused on questions about his fitness for running and holding office for the following four years.

On the data agenda, China’s trade balance for June is of most interest. Both exports and imports are expected to have picked up the pace from May. The 7.6% increase for exports in May was the best gain since March last year. It appears exporters are cranking it up as tariff fears loom larger.

Not shown on the pic below are data from Singapore, the advance reading for Q2 GDP:

expected

This snapshot from the ForexLive economic data calendar, access it here.The times in the left-most column are GMT.The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.

This article was written by Eamonn Sheridan at www.forexlive.com.

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