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Financial News: Australia Building Approvals Data Due On Wednesday

Australia Building Approvals Data Due On Wednesday

10/02/2018 - 18:00:00 (RTTNews)

(RTTNews) - Australia will on Wednesday see August figures for building approvals, highlighting a modest day for Asia-Pacific economic activity.

Approvals are expected to add 1.0 percent on month and fall 2.5 percent on year. That follows the 5.2 percent monthly drop and the 5.6 percent yearly decline in July.

Australia also will see September results for the Performance of Service Index from AiG; in August, the index score was 52.2.

New Zealand will release September numbers for commodity prices; in August, commodity prices were down 1.1 percent on month.

Japan will see September figures for the services and composite indexes from Nikkei; in August, their scores were 51.5 and 52.0, respectively.

Singapore will see September results for the private sector PMI from Nikkei; in August, the PMI score was 51.1.

Finally, the markets in China remain closed all week for the National Day holiday and will re-open on October 8.

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