CANBERA (dpa-AFX) - Australia will on Thursday release February figures for unemployment, highlighting a modest day for Asia-Pacific economic activity.
The jobless rate is expected to hold steady at 6.0 percent, while the economy is projected to have added 12,000 jobs following the loss of 7,500 in January. The participation rate is called steady at 65.2 percent.
Japan will see February figures for imports, exports and trade balance. Imports are expected to tumble 15.8 percent after falling 17.8 percent in January. Exports are called lower by 3.0 percent after dropping12.9 percent in the previous month. The trade surplus is pegged at 395.1 billion yen after posting a deficit of 648.8 billion yen a month earlier.
The central bank in Indonesia will wrap up its monetary policy meeting and then announce its decision on interest rates. The bank is expected to trim its benchmark lending rate by 25 basis points to 6.75 percent from 7.00 percent.
Hong Kong will release unemployment figures for February, with forecasts suggesting that the jobless rate will hold steady at 3.3 percent.
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