Australia Home Loans Data Due On Thursday

(RTTNews) - Australia will on Thursday release November numbers for home loans and investment lending, highlighting a modest day for Asia-Pacific economic activity.

The number of home loans is expected to fall 1.5 percent on month after rising 2.2 percent in October. The value of loans was up 3.5 percent in the previous month, while investment lending added 0.6 percent.

Singapore will provide December data for imports, exports and trade balance. In November, imports were worth SGD45.36 billion and exports were at SGD48.77 billion for a trade surplus of SGD3.41 billion.

The central bank in Indonesia will wrap up 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 6.00 percent.

Hong Kong will release December numbers for imports, exports, trade balance and unemployment.

In November, imports were worth HKD409.28 billion and exports were at HKD364.32 billion for a trade deficit of HKD44.96 billion. The jobless rate is expected to hold steady at 2.8 percent.