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Financial News: Japan Data Due On Thursday

Japan Data Due On Thursday

10/11/2017 - 18:01:00 (RTTNews)

(RTTNews) - Japan will release a batch of data on Thursday, headlining a modest day for Asia-Pacific economic activity. On tap are September figures for producer prices and bank lending, plus August results for its tertiary industry index.

Producer prices are expected to have gained 0.2 percent on month and 3.0 percent on year after the flat monthly reading and the 2.9 percent yearly gain in August.

Bank lending, both overall and excluding trusts, advanced an annual 3.2 percent in August, while the tertiary industry index is expected to gain 0.1 percent on month - the same as in July.

Australia will provide August numbers for home loans and credit card purchases, and also see October results for its inflation forecast.

In July, home loans climbed 2.9 percent on month and investment lending fell 3.9 percent. Credit card purchases were worth A$25.6 billion and balances were at A$51.3 billion.

New Zealand will see October results for the consumer confidence index from ANZ; in September, the index gained 2.9 percent to a score of 129.9.

Malaysia will release August numbers for industrial and manufacturing production; in July, they were up 6.1 percent on year and 8.0 percent on year, respectively.

Singapore will provide August data for retail sales, with forecasts suggesting a decline of 1.4 percent on month and a gain of 2.3 percent on year. That follows the 3.0 percent monthly increase and the 1.8 percent yearly gain in July.

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