Asian Economic News

RBA Minutes On Tap For Tuesday

The Reserve Bank of Australia is on Tuesday scheduled to release the minutes from its May monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity. At the meeting, the central bank surprised analysts by cutting the benchmark interest rate by 50 basis points to 3.75 percent.

Japan will provide the results of its consumer confidence survey for April, with forecasts suggesting a score of 40.8 - up from 40.3 in March.

Also, Singapore will provide final Q1 GDP numbers, plus retail sales data for March.

by RTTNews Staff Writer

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