The Bank of Japan will on Tuesday release the minutes from its monetary policy meeting on June 18 and 19, highlighting a busy day for Asia-Pacific economic policy.
At the meeting, the bank decided to hold its benchmark lending rate steady at 0.10 percent, and also to maintain its target of raising the monetary base at an annual pace of about 80 trillion yen.
Japan also will see final May numbers for its leading and coincident indexes, with little change expected from the preliminary readings that suggested scores of 106.2 and 109.2, respectively.
The Reserve Bank of Australia also will release the minutes from its monetary policy meeting for July. At the meeting, the RBA maintained its key interest rate at the record low 2.00 percent for the second straight month. The bank had lowered the rates by 25 basis points each in February and May.
New Zealand will release June figures for credit card spending; in May, spending was up 1.9 percent on month and 7.1 percent on year.
Hong Kong will see June data for consumer prices, with forecasts suggesting an increase of 3.1 percent – up from 3.0 percent in May.
Finally, the markets in Indonesia remain closed on Tuesday in observance of Eid-ul-Fitr, and will re-open on Wednesday.
The material has been provided by InstaForex Company – www.instaforex.com