Japan rate decision owed on Wednesday

Jakarta (DPA-AFX)-Japan’s Banca will conclude his monetary policy meeting on Wednesday and then announce his decision on interest rates, at the head of a busy day for the economic activity of Asia-Pacific. Boj is expected to maintain its reference credit rate unchanged at 0.50 percent.

Japan will also see the figures in January for basic car orders and industrial production, as well as February data for imports, exports and commercial balance. Car orders are expected to decrease by 0.1 percent per month and get 6.9 percent a year after decreased by 1.2 percent per month and adding 4.3 percent in December.

It is expected that imports will add 0.1 percent year after they have climbed by 16.7 percent in January. Exports are called larger by 12.1 percent annually, accelerating from 7.2 percent in the previous month. The commercial surplus is linked to 722.8 billion yen following the deficit of 2,758.8 billion yen a month earlier.

New Zealand will see quarter numbers for its current account, with forecasts that suggest a deficit of $ 6.66 billion – up to the deficiency of $ 10.58 billion in NZ in the last three months.

The Central Bank of Indonesia will conclude its monetary policy and then announce the decision on interest rates. It is expected that the central bank will keep the reference credit rate (5.75 percent), the rate of deposit facility (5.00 percent) and the credit facility rate (6.50 percent).