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South Korean Rate Decision to Tuesday tap

South Korean Rate Decision to Tuesday tap

Finanznachrichten news

Hong Kong (DPA-AFX)-Banca Korei will conclude his monetary policy meeting on Tuesday and then announce his decision on interest rates, emphasizing a modest day for the economic activity in Asia-Pacific. Bok is expected to reduce its reference credit rate with 25 basic points, at 2.75 percent from 3.00 percent.

Japan will see the January data for producers prices, forecasts that suggest a constant reading of 2.9 percent annual.

Hong Kong will release numbers from January for imports, exports and commercial balance. In December, imports decreased by 1.1 percent per month, and exports increased by 5.2 percent for a commercial deficit of 34.5 billion HKD.

Taiwan will provide figures from January for industrial production; In December, production increased by 19.97 percent per year.

Thailand is scheduled to see data from January for imports, exports and commercial balance. In December, imports increased by 14.9 percent, and exports increased by 8.7 percent for a commercial deficit of $ 10 million.

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