The Bank of Japan is on Wednesday scheduled to conclude its monetary policy meeting and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is widely expected to hold rates at 0.10 percent, although some additional stimulus may be introduced.
Japan also will see April figures for imports, exports and trade balance. Imports are expected to rise 6.9 percent on year following the 5.5 percent increase in March. Exports are called higher by 5.4 percent after adding 1.1 percent in the previous month. The trade balance is expected to show a deficit of 620.6 billion yen following the downwardly revised shortfall of 364.0 billion yen a month earlier.
Australia will see the May results of the Westpac consumer confidence survey; in April, the index dipped 5.1 percent to a score of 104.9. Australia also will release internet skilled vacancies data for April; in March, vacancies were up 0.1 percent on month.
Malaysia will provide inflation figures for April, with forecasts suggesting a rate of 1.7 percent - up from 1.6 percent in March.
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