CANBERA (dpa-AFX) - The Bank of Japan will on Tuesday release the results of its quarterly Tankan survey of business sentiment, highlighting a busy day for Asia-Pacific economic activity.
The large manufacturers' index is expected to come in with a score of 19 with an outlook of 13 after showing 16 and 14, respectively, in the previous three months. All industry capex is expected to rise 0.10 percent after gaining 4.6 percent in the previous three months.
The Reserve Bank of Australia will conclude its monetary policy meeting and then announce its decision on interest rates. The central bank is widely expected to keep rates on hold at 2.50 percent.
Australia also will see March results for its commodity index and the AiG Performance of Manufacturing Index. In February, the commodity index dipped 12.1 percent on year to a score of 90.8, while the manufacturing index saw a score of 48.6.
China will see March results for its official manufacturing PMI, as well as the HSBC manufacturing PMI. The official PMI is expected to come in at 50.1, down from 50.2 in February. The HSBC version is called unchanged at 48.1.
Thailand will release March numbers for consumer and producer prices. CPI is expected to add 0.25 percent on month and 2.15 percent on year after rising 0.23 percent on month and 2.0 percent on year in February. PPI was up 0.07 percent on month and 1.1 percent on year in the previous month.
Indonesia will provide February trade data and March numbers for inflation. Imports in January were worth $14.92 billion and exports were at $14.48 billion for a trade deficit of $0.44 billion. Inflation is expected to rise 0.1 percent on month and 7.4 percent on year after gaining 0.26 percent on month and 7.75 percent on year in February.
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