Japan is on Tuesday scheduled to release preliminary March numbers for its leading and coincident indexes, headlining a busy day for Asian economic news. Also due are official reserve asset figures for April, as well as weekly capital inflow numbers for stocks and bonds from the Ministry of Finance.

The leading index is forecast to come in with a score of 77, up from 75 in February. The coincident index is predicted to ease slightly from 86 to 85.8. Reserve assets stood at $1.018 trillion in March.

The Philippines will release April numbers for exports, with forecasts calling for a 34.5 percent contraction on year following the 39 percent annual decline in March.

The South Korean central bank will announce its decision on interest rates, with most analysts expecting the bank to keep rates on hold at 2 percent.

China will provide March data for urban fixed asset investment, imports, exports and trade balance. FAI is expected to add 29.1 percent on year after the 28.6 percent annual expansion in March. Imports are projected to fall 22.4 percent on year after easing 25.1 percent in the previous month. Exports are forecast to drop an annual 15.3 percent after falling 17.1 percent a month earlier. The trade balance is foreseen at $20.3 billion, up from the $18.56 billion surplus in the previous month.

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