The Bank of Korea will on Thursday conclude its monetary policy meeting and then announce its decision on interest rates, highlighting a busy day in Asia-Pacific economic activity.
The central bank is widely expected to keep interest rates on hold at 2.50 percent.
The central bank of the Philippines also will close out its monetary policy meeting and give its decision on interest rates; it is expected to hold steady at 3.50 percent.
Likewise, Indonesia's central bank is also expected to hold fire and keep rates unchanged at 7.00 percent.
Japan will release July figures for core machine orders, with analysts expecting an increase of 2.4 percent on month and 7.7 percent on year. That follows the 2.7 percent monthly contraction and the 4.9 percent yearly increase in June.
Australia will provide unemployment data for August, with forecasts suggesting the addition of 10,000 jobs following the loss of 10,200 in July. The unemployment rate is expected to rise to 5.8 percent from 5.7 percent in the previous month. The participation rate is called at 65.2 percent, up from 65.1 percent a month earlier.
Hong Kong will announce Q2 numbers for industrial production and producer prices; in Q1, output was up 0.5 percent on year and PPI added an annual 0.6 percent.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.