Asian Economic News

RBA Minutes On Tap For Tuesday

The Reserve Bank of Australia will on Tuesday release the minutes from its September monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity.

At the meeting, the bank left the nation's benchmark interest rate on hold at 2.50 percent.

Australia also will see August numbers for new motor vehicle sales; in July, sales were down 3.5 percent on month and up 3.0 percent on year.

China will see August scores for the leading and coincident indexes from the Conference Board. In July, the scores were up 1.4 percent and 1.1 percent, respectively.

Singapore will release August data for imports, exports and trade balance. In July, imports were worth SGD41.05 billion and exports were at SGD44.58 billion for a surplus of SGD3.53 billion.

Hong Kong will provide unemployment data for August; in July, the rate was at 3.3 percent.

by RTTNews Staff Writer

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