RTTNews - Hong Kong is scheduled to release May numbers for retail sales on Thursday, headlining a modest day for Asian economic activity. By value, sales are forecast to fall 8.8 percent on year after the 4.4 percent decline in April. By volume, sales are expected lower by an annual 8.7 percent after dipping 5.5 percent in the previous month.

Singapore is set to announce PMI figures for June, with forecasts calling for an index score of 51.9, up from 51.2 in May. The electronics PMI is called at 53.4, up from 52.9.

The Bank of Japan will provide monetary base numbers for June after the 7.9 percent annual increase in the previous month. The Ministry of Finance also will provide weekly capital inflow data for stocks and bonds.

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