CANBERA (dpa-AFX) - Australia will on Wednesday release January numbers for home loans, highlighting a modest day for Asia-Pacific economic activity.
Loans are expected to add 0.5 percent on month after dipping 1.9 percent in December. The value of loans was down 1.5 percent in the previous month, while investment lending climbed 2.9 percent.
Australia also will see March results for the consumer confidence index from Westpac; in February, the index dropped 3.0 percent to a score of 100.2.
Japan will release January numbers for tertiary industry, February figures for domestic corporate goods prices and consumer confidence, and large industry manufacturing data for Q1.
The tertiary industry index is expected to add 0.6 percent on month after falling 0.4 percent in December. Corporate goods prices are tipped to add 0.2 percent on month and 2.1 percent on year after gaining 0.1 percent on month and 2.4 percent on year in January. The consumer confidence index is expected to show a score of 40.0, down from 40.5 in January.
South Korea will see unemployment data for February, with analysts expecting the jobless rate to hold steady at 3.2 percent.
The central bank in Thailand will conclude its monetary policy meeting and then announce its decision on interest rates. Analysts are split on whether the bank will cut rates to 2.00 percent or leave them unchanged at 2.25 percent.
Copyright RTT News/dpa-AFX
© 2014 AFX News
