The Bank of Korea will on Thursday conclude its monetary policy meeting and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The BoK is widely expected to keep rates on hold at 3.25 percent for the 13th consecutive month.
The Bank of Japan will conclude its two-day policy meeting; it is widely expected to keep rates on hold at 0.10 percent, although it may provide other means of easing.
The central bank in Indonesia also will announce its verdict on interest rates, with expectations that the bank will keep them steady at 5.75 percent.
Australia will provide unemployment data for June, with analysts expecting the rate to rise to 5.2 percent from 5.1 percent in May. No change is expected in employment following the 46,100 increase in the previous month.
New Zealand will see July results for the ANZ consumer confidence survey, as well as June food prices. Consumer confidence was down 7.1 percent on month in June to a score of 105.8, while food prices saw a monthly increase of 0.3 percent in the previous month.
by RTT Staff Writer
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