Japan Rate Decision On Tap For Tuesday

(RTTNews) - The Bank of Japan will on Tuesday wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The central bank is widely expected to keep its benchmark on hold at the record low 0.1 percent.

Japan also will see final January numbers for the leading and coincident indexes, with little change expected from the preliminary readings for scores of 113.0 and 105.1, respectively.

Singapore will provide February data for non-oil domestic exports, which are expected to ease 0.6 percent on year after gaining 4.3 percent in January. Electronics NODX is called lower by 8.7 percent after rising 5.0 percent in the previous month.

The Reserve Bank o0f Australia will release the minutes from its monetary policy meeting on March 4. At the meeting, the central bank kept its benchmark interest rate steady at 2.25 percent.

The central bank in Indonesia will conclude its monetary policy meeting and then announce its decision on interest rates; the central bank is widely expected to keep its benchmark steady at 7.50 percent.

Hong Kong will see unemployment numbers for February, with the jobless rate expected to hold steady at a seasonally adjusted 3.3 percent.