CANBERA (dpa-AFX) - Japan is on Tuesday scheduled to release January figures for machine tool orders and money stock, highlighting a modest day for Asia-Pacific economic activity.
M2 money stock is expected to add 2.6 percent on year, unchanged from a month earlier, while M3 is tipped to gain an annual 2.3 percent - up from 2.2 percent in the previous month. Machine tool orders plummeted 27.5 percent on year in December.
Australia will see the January results of the NAB business confidence survey; in December, confidence saw a score of 3, while conditions came in at -4.
Australia's central bank also will provide credit card data for December; in November, purchases were at A$21.8 billion, while balances were at A$49.5 billion.
Many of the regional bourses remain closed for the Lunar New Year holiday, including Malaysia, Singapore, Taiwan, China and Hong Kong. Singapore and Malaysia return to action on Wednesday, while Hong Kong is back on Thursday and China and Taiwan are off until next Monday.
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