CANBERA (dpa-AFX) - The Reserve Bank of Australia will on Tuesday release the minutes from its monetary policy meeting on November 6, highlighting a modest day for Asia-Pacific economic activity. At the meeting, the bank kept interest rates unchanged at 3.25 percent, defying forecasts for a rate cut of 25 basis points to 3.00 percent.
Australia also will see the September results for the Conference Board leading index; in August, it was down 0.8 percent.
The Bank of Japan will conclude its monetary policy meeting and then announce its decision on interest rates, with analysts widely expecting no change at 0 to 0.10 percent.
Japan also will see September results for its all industry activity index, as well as October numbers for department store sales. The activity index is expected to ease 0.5 percent on month after adding 0.1 percent in August. Nationwide department store sales were down 0.2 percent on year in September, while sales in the Tokyo region collected 0.7 percent.
China will provide October data for actual FDI, with forecasts suggesting an increase of 1.0 percent on year after plunging 6.8 percent in September.
Copyright RTT News/dpa-AFX