CANBERA (dpa-AFX) - The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity.
The RBA is widely expected to keep its benchmark lending rate on hold at 2.00 percent.
New Zealand will release October prices for its commodity price index; in September, prices climbed 5.5 percent.
South Korea will provide October numbers for consumer prices, with forecasts suggesting a decline of 0.1 percent on month and an increase of 0.7 percent on year. That follows the 0.2 percent monthly decline and the 0.6 percent yearly increase in September.
Hong Kong will see September numbers for retail sales. By value, sales are expected to fall 5.4 percent on year, unchanged from the previous month. By volume, sales are tipped to fall an annual 2.8 percent after easing 0.2 percent in August.
Finally, the markets in Japan are closed on Tuesday for Culture Day and will re-open on Wednesday.
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