The Bank of Japan is set to conclude its two-day monetary policy meeting on Tuesday and then announce its decision on interest rates, headlining a busy day for Asian economic news. Analysts are expecting the bank to keep rates on hold at a record low 0.10 percent.
The Philippines will announce February figures for inflation. Analysts are expecting inflation to climb 6.1 percent on month following the 0.5 percent gain in January. On an annual basis, inflation is forecast to slow to 6.6 percent from the current 7.3 percent.
Taiwan is set to provide March numbers for imports, exports and trade balance. Imports are predicted to fall 44.5 percent on year following the 31.6 percent annual decline in February. Exports are predicted to shed 35.3 percent after the 28.6 percent fall a month earlier. The trade balance is expected to jump 2.24 percent on year after the 1.67 percent gain in the previous month.
Hong Kong will provide March numbers for FX reserves. Forecasts are expected to come in at $179.2 billion after the $177.1 billion surplus in the previous month.
Malaysia will announce foreign reserves data through March 26. Analysts are expecting a surplus of $91.2 billion, up from the $90.6 billion surplus in the previous week.
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