CANBERA (dpa-AFX) - Japan will on Wednesday release December figures for core machine orders, highlighting a modest day for Asia-Pacific economic activity.
Machine orders are expected to have risen 4.7 percent on month but fallen 2.8 percent on year. That follows the 14.4 percent monthly decline and the 1.2 percent yearly increase in November.
Australia will see January results for the leading index from Westpac; in December, the index dipped 0.3 percent on month.
Singapore will provide January numbers for imports, exports and trade balance. In December, imports were worth S$33.19 billion and exports were at S$38.35 billion for a trade surplus of S$5.16 billion.
Malaysia will see December data for unemployment; in November, the jobless rate was 3.3 percent and the participation rate was 67.7 percent.
The Indonesia central bank will wrap up its monetary policy meeting and then announce its decision on interest rates. Analysts are split on whether the bank will hold steady at 7.25 percent or trim the benchmark by 25 basis points.
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