9th Jul 2015 22:00
CANBERA (Alliance News) - Australia will on Friday release May figures for home loans, highlighting a modest day for Asia-Pacific economic activity.
Home loans are expected to sink 3.0% after rising 1.0% in April. Investment lending gained 2.6% in the previous month, while the value of loans advanced 3.1%.
Japan will provide June figures for domestic corporate goods prices, with forecasts suggesting an increase of 0.1% on month and a decline of 2.2% on year. That follows the 0.3% monthly gain and the 2.1% yearly decline in May.
Japan also will see June figures for its consumer confidence index, with analysts looking for a score of 41.7 - up marginally from 41.4 in May.
The Philippines will release May numbers for exports, with forecasts calling for an increase of 10% on year following the 4.1% decline in April.
Malaysia will provide May numbers for manufacturing and industrial production. In April, manufacturing production dipped 1.0% on month and gained 4.1% on year. Industrial output was down 0.4% on month in April and up 4.0% on year.
Finally, the markets in Taiwan will be closed on Friday due to the approach of Typhoon Chan-hom.
Copyright RTT News/dpa-AFX