Asian Economic News

China PMIs On Tap For Wednesday

China will on Wednesday see the March results for the non-manufacturing and HSBC services PMIs, highlighting a modest day for Asia-Pacific economic activity.

In February, the non-manufacturing PMI came in at 54.5, while the services PMI saw a score of 52.1.

Australia will release February numbers for trade balance and new home sales. The trade balance is expected to show a deficit of A$1 billion after posting a A$1.057 billion shortfall in January. New home sales were up 4.2 percent on month in January.

Thailand's central bank will conclude its monetary policy meeting and then announce its decision on interest rates; the bank is widely expected to keep rates on hold at 2.75 percent.

by RTTNews Staff Writer

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