CANBERA (dpa-AFX) - Japan is scheduled to release a batch of data on Wednesday, highlighting a busy day for Asia-Pacific economic activity. On tap are October figures for core machine orders and tertiary industry, as well as November numbers for prices of domestic corporate goods.
Machine orders are expected to rise 3.0 percent on month and fall 5.0 percent on year after shedding 4.3 percent on month and 7.8 percent on year in September. The tertiary industry index is tipped to fall 0.4 percent on month after adding 0.3 percent in September. Domestic goods prices are called flat on month and lower by 0.9 percent on year after easing 0.3 percent on month and 1.0 percent on year in October.
Australia will see the December results of the Westpac consumer confidence survey, as well as credit card balance data. In November, the consumer confidence index was up 5.2 percent to a score of 104.3, while credit card balances were at A$49.1 billion.
South Korea will provide November figures for unemployment; the rate is expected to hold steady at 3.0 percent.
Copyright RTT News/dpa-AFX