CANBERA (dpa-AFX) - The Bank of Japan is on Tuesday scheduled to conclude its monetary policy meeting and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The bank is widely expected to keep rates on hold at 0.1 percent.
Also from Japan, the Ministry of Economy, Trade and Industry will release the results of its index for tertiary industry activity for January. Analysts are expecting the index to add 0.2 percent on month following the 1.4 percent jump in December.
Australia will provide January housing finance figures, as well as the February results for the NAB business confidence survey. Housing finance is expected to ease 0.1 percent after collecting 2.3 percent in December. The NAB business confidence survey saw a score of 4 in January, while the conditions index came in at 2.
The Philippines will announce January export data, with forecasts suggesting a contraction of 17.7 percent on year following the 18.9 percent decline in December.
Copyright RTT News/dpa-AFX