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RBA Minutes On Tap For Tuesday

The Reserve Bank of Australia will on Tuesday release the minutes from its monetary policy meeting on November 6, highlighting a light day for Asia-Pacific economic activity.

At the meeting, the RBA kept its benchmark interest rate on hold at a record low of 1.50 percent for the 26th consecutive meeting. The interest rate has been at the current level since August 2016.

Hong Kong will see October results for consumer prices; in September, inflation was up 2.7 percent.

Singapore will release Q3 figures for wholesale sales; in the three months prior, sales were up 2.4 percent on quarter and 10.3 percent on year.

Finally, the markets in Malaysia and Indonesia are closed on Tuesday in observance of the birth of the prophet Muhammad and will re-open on Wednesday.

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