CANBERA (dpa-AFX) - Australia is scheduled to release some key economic news on Tuesday, headlining an otherwise light day for Asia-Pacific economic activity. On tap are Q4 figures for current account and net exports of GDP, as well as the Reserve Bank of Australia's latest decision on interest rates.
The current account is expected to show a deficit of A$8.050 billion, after posting a shortfall of A$5.637 billion in the third quarter. Net exports of GDP are expected to remain flat after easing 0.6 percent in the previous three months. The RBA is widely expected to keep rates unchanged at 4.25 percent.
Japan will provide January figures for labor cash earnings, with forecasts suggesting a decline of 0.3 percent on year following the upwardly revised 0.1 percent increase in December.
Copyright RTT News/dpa-AFX