Japan will on Wednesday release April figures for core machine orders, highlighting a modest day for Asia-Pacific economic activity.

Core machine orders are expected to fall 1.8 percent on month and 1.4 percent on year after adding 2.9 percent on month and 2.6 percent on year.

Japan also will see May results for its domestic corporate goods price index, with forecasts suggesting an increase of 0.2 percent on month and a decline of 2.2 percent on year. That follows the 0.1 percent monthly increase and the 2.1 percent yearly decline in April.

New Zealand will provide May data for credit card spending; in April, overall card spending was down 1.1 percent on month while retail card spending fell 0.7 percent.

Australia will see June results for the consumer confidence index from Westpac Bank; in May, the index climbed 6.4 percent to a score of 102.4.

South Korea will see unemployment data for May, with the jobless rate expected to hold steady at a seasonally adjusted 3.7 percent.

The Philippines will release April export data, with forecasts suggesting an increase of 8.5 percent on year following the 2.1 percent increase in March.

The central bank in Thailand will wrap up its monetary policy meeting and then announce its decision on interest rates. The bank is widely expected to keep rates on hold at 1.50 percent.

The material has been provided by InstaForex Company – www.instaforex.com