Singapore is on Tuesday scheduled to release May figures for industrial production, highlighting a modest day for Asia-Pacific economic activity. Analysts are looking for an increase of 3.15 percent on month and 2.25 percent on year following the 3.5 percent monthly contraction and the 0.3 percent annual decline in April.
Hong Kong will provide May figures for imports, exports and trade balance. Forecasts suggest a deficit of 38.8 billion Hong Kong dollars after showing a shortfall of 42.87 billion HKD in April. Imports were at 309.13 billion HKD in April, while exports came in at 266.25 billion HKD.
Japan will see the results of its corporate service price index for May, with analysts looking for an increase of 0.3 percent on year after adding 0.2 percent in April. Japan also will get the results of its small business confidence index for June; it came in at 47.2 in May.
by RTT Staff Writer
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