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Japan’s GDP data On tap For Wednesday

Japan’s GDP data On tap For Wednesday

Japan will on Wednesday release preliminary Q4 numbers for gross domestic product, with a modest day for Asia-Pacific economic activity.

The GDP is expected to advance 0.2 percent compared to the previous quarter and 1.0 percent in the year after expansion of 0.6 percent compared to the previous quarter and by 2.5 percent year-on-year in the three months prior. Nominal GDP is called higher by 0.4 percent compared to the previous quarter, slowing from 0.8 percent in Q3.

Australia will see February results for the consumer confidence index from Westpac; in January, the index jumped by 1.8 percent to a score of 105.1.

Singapore-release in the January figures for imports, exports and balance of trade. In December, the imported goods to the value of S$40.10 billion, and exports were billion at S$44.59 billion for a trade surplus of$5.49.

The Central Bank in Thailand will meet wrap up its monetary policy and then announce its decision on interest rates. The Central Bank is widely expected that the benchmark interest rate of the loans is stable at 1.50 percent.

Finally, the markets in Taiwan remain closed for the long Lunar New Year break; and you will be re-open Feb. 21.

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