Japan is scheduled to announce February numbers for its current account total on Wednesday, headlining a modestly active day for Asian economic news.

The current account is expected to show a surplus of 1.071 trillion yen following the 172.8 billion yen deficit in January. The adjusted current account is seen at 517.5 billion yen after the 258 billion yen surplus in the previous month. The BoP trade balance is expected to show a surplus of 142 billion yen after the 844.4 billion yen shortfall a month earlier.

Japan also will release the results of its economy watchers survey for February, with analysts expecting a score of 20.9 after the 19.4 reading in January. Finally, the Bank of Japan will release its monthly report.

The central bank of Thailand is scheduled to announce its decision on interest rates. Analysts are expecting the bank to lower rates by 50 basis points, to 1 percent from the current 1.50 percent.

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