The Bank of Japan will wrap up its monetary policy meeting on Friday and then announce its decision on interest rates, highlighting a bust day in Asia-Pacific economic news.

The central bank is widely expected to keep rates on hold at 0.1 percent, although the bank may decide to introduce some form of additional stimulus.

New Zealand will see May results for the consumer confidence index from ANZ; in April, the index added 3.4 percent to a score of 128.8.

Taiwan will release gross domestic product numbers for the first quarter, plus unemployment data for April. GDP is expected to add 3.5 percent on year, up from 3.46 percent in the previous reading. The jobless rate is called steady from the March reading at 3.75 percent.

Malaysia will provide April figures for consumer prices, with forecasts suggesting an increase of 0.4 percent on month and 1.3 percent on year. That follows the 0.9 percent increase both on month and on year in March.

China will see April results for the leading and coincident indexes from the Conference Board; in March, they were up 0.2 percent and 1.7 percent, respectively.

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