BoJ Minutes To Be Released On Wednesday
(RTTNews) - The Bank of Japan will on Wednesday release the minutes from its monetary policy meeting on July 20 and 21, highlighting a light day for Asia-Pacific economic activity.
At the meeting, the BoJ voted 8-1 to maintain a negative interest rate of -0.1 percent on current accounts that financial institutions maintain at the central bank. The bank will also continue to purchase a necessary amount of Japanese government bonds without setting an upper limit so that 10-year JGB yields will remain at around zero percent.
Japan also will see final July results for its leading and coincident indexes; in June, their scores were 100.3 and 99.2, respectively.
Australia will release August figures for retail sales, with forecasts suggesting an increase of 0.4 percent on month - slowing from 1.3 percent in the previous month.
The central bank in Thailand will wrap up its monetary policy meeting and then announce its decision on interest rates; the bank is expected to hike its benchmark lending rate by 25 basis points, from 0.75 percent to 1.00 percent.
Japanese Market Slightly Higher
Indonesia Bourse May Challenge 8,000-Point Level
Hong Kong Stock Market May See Additional Support
Australian Market Modestly Higher
China Shares Due For Support On Tuesday.
Taiwan Shares May Reverse Monday's Losses
Singapore Bourse May Halt Losing Streak
