WASHINGTON (dpa-AFX) - The Reserve Bank of Australia is on Tuesday scheduled to release the minutes from its monetary policy meeting on May 8, highlighting a modest day for Asia-Pacific economic activity.
At the meeting, the RBA surprised by trimming the benchmark interest rate by 25 basis points, from 3.00 percent to 2.75 percent following three months of no change.
Australia also will see the March results for the Conference Board's Leading Index; in February, it was up 0.3 percent.
New Zealand will provide Q2 figures for two-year inflation expectations; in the previous three months, inflation was seen rising by 2.2 percent.
New Zealand also will release credit card spending data for April; in March, spending was down 0.3 percent on month and up 3.6 percent on year.
Japan will reveal March results for its all industry activity index, with forecasts suggesting a decline of 0.4 percent on month following the 0.6 percent increase in February.
Hong Kong will announce the inflation rate for April, with analysts expecting the rate to hold steady at 3.6 percent.
Singapore will release Q1 numbers for wholesale sales; in the previous three months, sales were up 2.3 percent on quarter and 1.2 percent on year.
Malaysia will provide unemployment data for March; in February, the unemployment rate was 2.8 percent with a participation rate of 65.3 percent.
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