The Reserve Bank of Australia will on Tuesday conclude its monetary policy meeting and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBA is widely expected to keep rates on hold at the current level of 3.00 percent.
Australia also will see January retail sales data and Q4 numbers for current account. Retail sales are expected to add 0.4 percent on month after easing 0.2 percent in December. The current account is tipped to show a deficit of A$15.3 billion after coming in with a deficit of A$14.9 billion in the third quarter.
Japan will see labor cash earnings for January; in December, earnings were down 1.7 percent on year.
China will release February results for the HSBC services PMI; in January, it came in with a score of 54.0.
The Philippines will announce consumer price data for February and producer price info for January. CPI was up 0.5 percent on month and 3.0 percent on year in January, while PPI dipped 0.4 percent on month and 3.6 percent on year in December.
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