Economic Calendar

Monday, April 27, 2009

More News • Dollar Wins Heads or Tails Toss on Growth or Deteriorating Global Economy • Yen Rises a 4th Day as Summers Raises Economy Concerns, Sw

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By John Liu

April 27 (Bloomberg) -- The following events and economic reports may influence trading in Asian currencies today. Exchange rates are from the previous session.

Japanese yen: Chief Cabinet Secretary Takeo Kawamura will hold media briefings at 11 a.m. and 4 p.m. in Tokyo. Vice Finance Minister Kazuyuki Sugimoto will address reporters at 5 p.m. local time.

The yen was at 96.85 against the dollar at 6:40 a.m. in Tokyo.

Taiwan dollar: The Council for Economic Planning and Development will report its March leading index today at 4 p.m. local time. The gauge of economic performance three months ahead declined 0.5 percent in February from the previous month.

The island’s dollar was at NT$33.71.

Hong Kong dollar: Trade data for March are due today. Exports may decline 19 percent, according to a Bloomberg survey of economists, after plunging 23 percent in February from a year earlier, the most in 54 years. Imports may fall 19.5 percent, the survey shows, compared with a 17.5 percent drop in February.

The Hong Kong dollar was at HK$7.7495.

To contact the reporters on this story: John Liu in Shanghai at jliu42@bloomberg.net.




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