CANBERA (dpa-AFX) - Australia will on Wednesday release January figures for home loans, highlighting a modest day for Asia-Pacific economic activity.
Home loans are expected to slide 2.8 percent on month after rising 2.6 percent in December. The value of loans was up 0.9 percent in the previous month, while investment lending added 0.6 percent.
Australia also will see March results for the consumer confidence index from Westpac; in February, the index climbed 0.6 percent to a score of 101.3.
Japan will provide February numbers for money stock. The M2 money stock is called steady at 3.2 percent, while M3 is called at 2.6 percent - up from 2.5 percent in the previous month.
Japan also will see preliminary February data for machine tool orders; in January, orders tumbled an annual 17.2 percent.
The central bank in Malaysia will wrap up its monetary policy meeting and then announce its decision on interest rates. The bank is widely expected to keep its benchmark lending rate unchanged at 3.25 percent.
Finally, the markets in Indonesia are closed on Wednesday in observance of the Hindu New Year, and will re-open on Thursday.
Copyright RTT News/dpa-AFX
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