FX.co ★ Taiwan Trade Data Due On Wednesday

On Wednesday, Taiwan is set to unveil its import, export, and trade balance data for April, underlining a subdued day in the Asia-Pacific economic calendar. The forecast predicts a 7.6% annual increase in imports, marginally higher than the 7.1% rise observed in March. Exports are projected to grow by 10.2% annually, a deceleration from the 18.9% surge in the preceding month. The trade surplus is anticipated to stand at $8.03 billion, slightly lower than the previous month's figure of $8.68 billion.