RTTNews - Japan is scheduled to release June numbers for retail sales on Wednesday morning, headlining a light day for Asian economic news.

Retail sales are expected to fall 2.5 percent on year after the revised 2.7 percent annual contraction in May. On a monthly basis, retail sales are expected to climb a seasonally adjusted 0.4 percent after adding a revised 0.1 percent in the previous month. Large retailers are expected to see sales fall 6 percent after the 6.5 percent fall a month earlier.

The Malaysian central bank is scheduled to release its interest rate decision for July, with analysts predicting that the bank will maintain rates at the current 2 percent.

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