08.10.2014 23:30:46

Australia Unemployment Data On Tap For Thursday

(RTTNews) - Australia will on Thursday see September figures for unemployment, highlighting a modest day for Asia-Pacific economic activity.

The jobless rate is expected to rise to 6.2 percent from 6.1 percent in August. The loss of 30,000 jobs is expected following the addition of 121,000 in the previous month.

Japan will release August data for core machine orders, with analysts expecting an increase of 0.5 percent on month and a decline of 4.9 percent on year. That follows the increase of 3.5 percent on month and 1.1 percent on year.

Japan also will see preliminary September figures for machine tool orders; in August, they were up 35.5 percent on year.

New Zealand will provide September numbers for credit card spending; in August, overall spending was up 0.3 percent on month, while retail spending added 0.5 percent on month.

Finally, the markets in South Korea are closed on Thursday for the Hangul Proclamation, and will re-open on Friday.