The Bank of Japan will on Wednesday release the minutes from its monetary policy meeting on June 14 and 15, highlighting a modest day for Asia-Pacific economic activity.
At the meeting, the policy board unanimously decided to hold the key uncollateralized overnight call rate at around 0 to 0.1 percent. The size of the asset purchase fund and credit facility was also left unchanged at JPY 40 trillion and JPY 30 trillion, respectively.
Japan also will see June figures for condominium sales and machine tool orders. Condo sales declined 14.9 percent on year in May, while machine tool orders contracted 15.5 percent.
Malaysia will provide CPI data for June; in May, inflation was up 0.2 percent on month and 1.7 percent on year.
by RTT Staff Writer
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