China will on Thursday reveal June figures for consumer and producer prices, highlighting a busy day in Asia-Pacific economic activity.
Consumer prices are expected to rise 1.3 percent on year after gaining 1.2 percent in May. Producer prices are tipped to hold steady from the previous month, lower by an annual 4.6 percent.
Japan will release May numbers for core machine orders and June figures for office vacancies and machine tool orders.
Core machine orders are expected to fall 5.0 percent on month and climb 16.7 percent on year after adding 3.8 percent on month and 3.0 percent on year in April. Office vacancies were up 5.17 percent in May, while machine tool orders jumped an annual 15.0 percent.
Australia will release unemployment data for June, with analysts expecting the jobless rate to rise to 6.1 percent from 6.0 percent in May. Job addition is expected to be flat following the spike of 42,000 in the previous month, with the participation rate also called steady at 64.7 percent.
New Zealand will see June figures for credit card spending; in May, overall spending was up 1.4 percent on month, while retail spending advanced 1.2 percent.
The Bank of Korea will wrap up its monetary policy meeting and then announce its decision on interest rates. The central bank is widely expected to keep its benchmark lending rate unchanged at 1.50 percent.
The Malaysian central bank will conclude its monetary policy meeting and announce its decision on interest rates. The bank is tipped to keep its benchmark on hold at 3.25 percent.
The material has been provided by InstaForex Company – www.instaforex.com