Taiwan is scheduled to release January industrial production (IP) and unemployment data on 24 February, while the release of the Monitoring Indicators Index for January is scheduled on 27 February. Analysts at Standard Chartered Bank with the preview. USD/TWD trades at 30.415. Key quotes “IP likely fell 7.8% y/y, in line with the 17.7% y/y fall in custom exports in January. Weak IP data can also be partly attributed to calendar effects, as January had fewer working days this year compared to last year (Lunar New Year fell in January 2020 versus February 2019).” “The index – deemed a forward-looking indicator of real economic activity – likely dropped to 22pts from 27pts in December. This indicates the economy slipped into the ‘yellow-blue’ zone, suggesting that real activity was in ‘slow-growth’ mode.” “Further, the coronavirus outbreak has dampened the near-term growth outlook and will likely exert downward pressure on exports, manufacturing production, and consumer spending.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Expert score 5 Etoro - Best For Beginner & Experts0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 5 Read Review Open My Free Account Your capital is at risk. FXStreet News share Read Next China: PMI to plunge – Standard Chartered FX Street 2 years Taiwan is scheduled to release January industrial production (IP) and unemployment data on 24 February, while the release of the Monitoring Indicators Index for January is scheduled on 27 February. Analysts at Standard Chartered Bank with the preview. USD/TWD trades at 30.415. Key quotes “IP likely fell 7.8% y/y, in line with the 17.7% y/y fall in custom exports in January. Weak IP data can also be partly attributed to calendar effects, as January had fewer working days this year compared to last year (Lunar New Year fell in January 2020 versus February 2019).” “The index – deemed a forward-looking… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
