RTTNews - Japan is scheduled to release preliminary gross domestic product numbers for the second quarter on Monday, headlining a light day for Asia-Pacific economic news.
GDP is expected to expand 1.0 percent on quarter following the 3.8 percent contraction in the first quarter. On an annualized basis, GDP is called higher by 3.9 percent after plummeting 14.2 percent in the previous three months. Nominal GDP is forecast to tick up 0.1 percent on quarter after shedding 2.7 percent in the first quarter. The GDP deflator is expected to add 1.8 percent on year after the 0.9 percent increase three months earlier.
Singapore is set to provide July figures for non-oil domestic exports, with analysts predicting an 11.3 percent decline on year following the 11 percent contraction in the previous month. Minus electronics, NODX is called lower by 19.5 percent on year after the 21.5 percent annual decline in the previous month.
New Zealand will release July data for non-resident bond holdings, which plummeted 73 percent on year in the previous month.
Finally, Indonesia's Jakarta Composite Index is closed on Monday in observance of Independence Day. It will re-open for trade on Tuesday.
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