Japan is scheduled to release a batch of data on Wednesday, highlighting a modest day for Asia-Pacific economic activity. On tap are June numbers for current account and bankruptcies, as well as July figures for bank lending and the eco watchers survey.
The current account balance is expected to show a surplus of 415.4 billion yen, up from 215.1 billion yen in May. Bankruptcies were down 16.3 percent on year in May. Bank lending is called higher by 0.8 percent on year, the same as in June. The eco watchers survey saw scores of 43.8 (current) and 45.7 (outlook) in June.
Australia will see June data for home loans, as well as July's Performance of Construction Index from AiG. Home loans are expected to rise 2.0 percent after shedding 1.2 percent in May. The construction index saw a score of 34.8 in June.
New Zealand will release July numbers for building permits and house prices. Building permits are expected to increase 3.0 percent on month after rising 5.7 percent in June. House prices were up 4.2 percent in the previous month.
Malaysia will provide June numbers for imports, exports and trade balance. Imports were worth 54.17 billion ringgit in May, while exports were at 58.78 billion ringgit and the trade surplus was 4.61 billion ringgit.
by RTT Staff Writer
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