Japan will on Wednesday release preliminary Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity.
GDP is expected to expand 1.6 percent on year and 0.4 percent on quarter after advancing 1.5 percent on year and 0.4 percent on quarter in the three months prior. Nominal GDP is tipped to climb to 1.5 percent from 1.0 percent, while the deflator is tipped to spike to 3.6 percent from 2.4 percent.
Japan also will see final March numbers for the leading and coincident indexes, with little change expected from the previous readings of 105.5 and 109.5, respectively.
Australia will see May figures for the Westpac consumer confidence index, plus April numbers for skilled vacancies. The Westpac index dipped 3.2 percent in April to a score of 96.2, while vacancies added 0.4 percent in March.
Taiwan will release April numbers for export orders, with forecasts suggesting a decline of 2.1 percent on year following the 1.3 percent increase in March.
The material has been provided by InstaForex Company – www.instaforex.com