RSS Japan Core Machinery Order Data Due On Monday

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 RSS Japan Core Machinery Order Data Due On Monday

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Japan is set to release its November core machinery orders figures on Monday, marking a relatively quiet day for economic activity across the Asia-Pacific region. Expectations suggest a 0.7 percent decline on a monthly basis, while an increase of 5.6 percent is anticipated on an annual basis, following a 2.1 percent monthly rise and a 5.6 percent annual gain in October.

Additionally, Japan will announce the final November statistics for industrial production and the tertiary industry activity index. Preliminary data indicated a 2.3 percent decline in production on a monthly basis, with the tertiary index scoring 0.30.

The People's Bank of China is scheduled to establish January's prime loan rate for both one-year and five-year loans. These rates are projected to remain unchanged at 3.1 percent and 3.6 percent, respectively.

Malaysia will release December figures concerning imports, exports, and its trade balance. Imports are forecasted to increase by 3.3 percent year-on-year, up from a 1.6 percent rise in November. Exports are predicted to grow by 9.0 percent annually, accelerating from the 4.1 percent increase recorded the previous month. The trade surplus is anticipated to reach MYR 16.60 billion, an increase from MYR 15.30 billion the previous month.

Hong Kong is expected to report its unemployment figures for December, with the jobless rate likely to remain steady at 3.1 percent.

The material has been provided by InstaForex Company - www.instaforex.com
 
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