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Alliance News Detail


Australia Unemployment Data Due On Thursday

[ 14 Feb 2018 22:30 ]

CANBERA (Alliance News) - Australia will on Thursday release unemployment data for January, highlighting a modest day for Asia-Pacific economic activity.

The jobless rate is expected to hold steady at 5.5%, with the addition of 15,000 jobs following the surge of 34,700 in December.

Japan will see December data for core machine orders, with forecasts suggesting a decline of 2.3% on month and an increase of 1.8% on year. That follows the 5.7% monthly jump and the 4.1% yearly gain in November.

Japan also will see final December figures for industrial production; the previous reading put output higher by 2.7% on month and 4.2% on year.

The central bank in Indonesia will conclude its monetary policy meeting and then announce its decision on interest rates; the central bank is widely expected to keep its benchmark lending rate unchanged at 4.25%.

Finally, the markets in Taiwan and China are closed for the Lunar New Year, while the markets in South Korea are shuttered for Seollal Day.

Copyright RTT News/dpa-AFX


Australia Unemployment Data Due On Thursday - Alliance News

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