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Japan Money Stock Data Due On Tuesday

Japan will on Tuesday release August figures for money stock, highlighting a light day for Asia-Pacific economic activity.

The M2 money stock is expected to hold steady at 3.0 percent on year, while M3 is expected to be unchanged at 2.6 percent on year.

Japan also will see July results for its tertiary industry index, with forecasts suggesting an increase of 0.1 percent on month following the 0.5 percent drop in June.

New Zealand will provide credit card spending data for August; in July, overall credit card spending was up 0.5 percent on month and retail credit card spending advanced 0.7 percent on month.

Australia will see August numbers for the indexes for business conditions and confidence from NAB; in July, their scores were +12 and +7, respectively.

Finally, the markets in Malaysia and Indonesia are closed on Tuesday in observance of Awal Muharram; they will re-open on Wednesday.

by RTTNews Staff Writer

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