Japan is on Wednesday scheduled to release March numbers for core machine orders and the tertiary industry index, highlighting a busy day for Asia-Pacific economic activity.
Machine orders are expected to rise 4.4 percent on year but fall 3.5 percent on month. That follows the 8.9 percent annual increase and the 4.8 percent monthly gain in February. The tertiary industry index is expected to ease 0.4 percent on month following the flat reading in the previous month.
Australia will see the results of Q1 numbers for its wage cost index, plus May data from Westpac on its consumer confidence index. Wage costs are expected to rise 0.8 percent on quarter and 3.5 percent on year after collecting 1.0 percent on quarter and 3.6 percent on year in the previous three months. The Westpac index was down 1.6 percent in April, showing a score of 94.5.
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