Japanese banks and the yen rallied after it was reported that the Bank of Japan will review the side effects of its monetary easing at next week’s policy meeting.
Officials from the U.S. and Taiwan will be negotiating a trade agreement in the coming days.
Customs officials in China have reportedly been told to resume clearing shipments of coal from Australia.
China’s December CPI 0.0% m/m (expected -0.1%; last -0.2%); 1.8% yr/yr, as expected (last 1.6%). December PPI -0.7% yr/yr (expected -0.1%; last -1.3%)
Japan’s November Current Account surplus JPY1.92 trln (expected JPY650 bln; last deficit of JPY610 bln). December Economy Watchers Current Index 47.9 (expected 47.8; last 48.1)
Australia’s November trade surplus AUD13.20 bln (expected surplus of AUD10.50 bln; last surplus of AUD12.22 bln). November Imports -1.5% m/m (last -2.0%) and Exports -0.4% m/m (last -1.2%)