BoJ Tankan Survey On Tap For Wednesday

(RTTNews) - The Bank of Japan will on Wednesday release its quarterly Tankan Survey of business sentiment, highlighting a modest day for Asia-Pacific economic activity.

The large manufacturers' index is expected to show a score of 10, up from 6 in the previous three months - while the outlook is called at 9, also up from 6.

The large non-manufacturers' index is expected to climb to 19 from 18, while the outlook is tipped to rise to 18 from 16. Capex is called higher by 6.1 percent, down from 6.3 percent in the previous quarter.

Japan also will see final October numbers for industrial production, with little change expected from the previous readings that suggested an increase of 0.1 percent on month and a fall of 1.3 percent on year.

Australia will provide November figures for new motor vehicle sales and also see December results for the consumer confidence index from Westpac.

New vehicle sales in October were down 2.4 percent on month and up 1.2 percent on year. The Westpac index in November slid 1.1 percent to score of 101.3.