New Zealand’s December trade deficit NZD475 mln (expected deficit of NZD1.75 bln; last deficit of NZD2.18 bln)
China’s Shanghai Composite followed its week-long closure with a higher open and a daylong pullback from opening highs.
Press reports in China noted that cities have room to reduce their mortgage rates.
China’s Ministry of Culture and Tourism reported that domestic trips were up 23% yr/yr during the past week, but down 11.4% from the 2019 level.
Standard & Poor’s affirmed Australia’s AAA rating with a Stable outlook.