08.03.2015 23:15:54

Japan GDP Data Due On Monday

(RTTNews) - Japan will on Monday release final Q4 figures for gross domestic product, highlighting a busy day for Asia-Pacific economic activity.

Little change is expected from last month's preliminary reading that suggested an increase of 0.6 percent on quarter and 2.2 percent on year.

Japan also will see January numbers for current account and February figures for bank lending. The current account is expected to show a surplus of 270.4 billion yen, up from 187.2 billion yen in December. Bank lending is expected to hold steady at 2.6 percent.

Japan also will see February numbers for the eco watchers survey. The index for the current situation is expected to show a score of 46.5, up from 45.6. The outlook index is called at 50.2, up from 50.0.

Australia will release February figures for job advertisements; in January, ads were up 1.3 percent on month.

Taiwan will see February figures for consumer and wholesale prices. Consumer prices are tipped at add 0.2 percent on year after shedding 0.94 percent in January. Wholesale prices are expected to tumble 7.08 percent after shedding 7.57 percent in the previous month.

Taiwan also will see February numbers for imports, exports and trade balance. Imports are expected to fall 6.0 percent on year after falling 4.8 percent in January. Exports are called higher by 0.7 percent after gaining 3.4 percent in the previous month. The trade balance is tipped to show a surplus of $3.53 million, down from $4.8 billion a month earlier.