CANBERA (dpa-AFX) - Japan is scheduled to release a raft of data on Thursday, including October figures for machine orders and current account, as well as November numbers for bank lending, bankruptcies and the eco watchers survey to highlight a busy day for Asia-Pacific economic news.
Core machine orders are expected to rise 0.5 percent on month and 9.4 percent on year following the 8.2 percent monthly contraction and the 9.8 percent annual increase in September. The current account is expected to show a surplus of 507.2 billion yen, down 65.5 percent on year from 1.584 trillion in the previous month. Bank lending is expected to ease 0.2 percent after adding 0.1 percent in October. Bankruptcies fell 1.41 percent in October, while the eco watchers current survey saw a score of 45.9 in October and the outlook survey also came in at 45.9.
Australia is set to release November unemployment figures, with the headline rate expected to remain unchanged at 5.2 percent. Analysts also are looking for an increase of 10,000 jobs after adding 10,100 jobs in October.
South Korea's central bank will conclude its monetary policy meeting and then announce its decision on interest rates. The bank is widely expected to keep rates on hold at the current level of 3.25 percent.
Indonesia's central bank also will conduct its monetary policy meeting and then announce its decision on interest rates. The bank is widely expected to keep rates on hold at the current level of 6 percent.
Thailand will provide the November results of its consumer confidence (economy) survey, with forecasts suggesting a score of 60.0, down from 62.8 in October.
Malaysia will release October numbers for industrial production, with forecasts calling for an increase of 1.6 percent on year. That's down from 2.5 percent in September.
Taiwan will announce November figures for imports, exports and trade balance. Imports are expected to rise 2.7 percent on year after climbing 11.8 percent in October. Exports are called higher by 8.6 percent on year following the 11.7 percent jump in the previous month. The trade balance is expected to show a surplus of $2.2 billion, down from $3.32 billion a month earlier.
Copyright RTT News/dpa-AFX