The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on its benchmark interest rate, highlighting a modest day for Asia-Pacific economic activity.

The RBA is widely expected to keep rates on hold ta 2.25 percent.

Australia also will see February data for retail sales, plus March figures for job advertisements and for the AiG Performance of Service Index.

Retail sales are expected to hold steady at 0.4 percent on month. Job ads were up 0.9 percent on month in February, while the service index had a score of 51.7.

The Philippines will release March numbers for consumer prices, with analysts expecting the inflation rate to creep up to 2.6 percent from 2.5 percent in February.

Finally, the markets in Hong Kong remain closed on Tuesday for the long holiday weekend, and will re-open on Wednesday.

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