RTTNews - The Bank of Japan will conclude its two-day monetary policy meeting on Friday, announcing its decision on interest rates to headline a light day in Asian economic news. Japan also will release final March numbers for its leading and coincident indexes, as well as April figures on supermarket sales.
Analysts are expecting the central bank to keep rates on hold at the current 0.10 percent. The leading index came in with a score of 76.6 in the preliminary reading, while the coincident index was 84.9. Supermarket sales were down an annual 4.0 percent in March.
Taiwan is scheduled to release April figures for commercial sales and seasonally adjusted unemployment. Analysts are looking for a decline of 10.89 percent on year after the 12.22 percent annual decline in March. The unemployment rate is expected to climb to 5.9 percent, up from the current 5.72 percent.
Thailand will provide foreign reserves data for the week ending May 15. Forecasts call for an increase of 120 percent on year following the 118.5 percent annual increase in the previous week.
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