CANBERA (dpa-AFX) - Australia will on Thursday release unemployment data for November, highlighting a busy day for Asia-Pacific economic activity.
The jobless rate is expected to rise to 6.0 percent from 5.9 percent in October, while the economy is expected to have lost 10,000 jobs following the increase of 58,300 jobs in the previous month. The participation rate is expected to hold steady at 65.0 percent.
Japan will see Q4 numbers on large manufacturing, plus November data for producer prices. The large manufacturing index had a score of 11 in the third quarter, while the all industry index was at 9.6. Producer prices are expected to fall 0.3 percent on month and 3.8 percent on year after slipping 0.6 percent on month and 3.8 percent on year in October.
The Bank of Korea will wrap up its monetary policy meeting and then announce its decision on interest rates. The central bank is widely expected to keep its benchmark lending rate unchanged at 1.50 percent.
The Philippines will see October numbers for exports, with forecasts suggesting a decline of 3.3 percent on year following the 24.7 percent drop in September.
Malaysia will provide October figures for industrial production and manufacturing production. In September, manufacturing production was up 0.1 percent on month and 5.6 percent on year, while industrial production advanced 2.4 percent on month and 5.1 percent on year.
Finally, the markets in Thailand are closed on Thursday in observance of Constitution Day, and will re-open on Friday.
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