Shifting the focus to Australia, the Trade Balance in December stood at 10.959 B, surpassing market expectations of 10.510 B but falling short of the previous data at 11.764 B. #AsiaPacificEconomy #PMIData #TradeBalance #EconomicIndicators #ChinaEconomy #JapanServicesPMI #HongKongManufacturing #AustraliaTrade

In the Asia Pacific region, China's Caixin Services PMI for January recorded 52.7, slightly below the expected 53.0, with the previous data at 52.9. Hong Kong's Manufacturing PMI remained in contraction at 49.9 in January, compared to the prior figure of 51.3. Japan's Services PMI surpassed expectations at 53.1 for January, beating both the expected 52.7 and the previous 51.5. #AsiaPacificEconomy #PMIData #TradeBalance #EconomicIndicators #ChinaPMI #JapanServicesPMI #HongKongPMI #AustraliaTrade