Japan Machine Orders On Tap For Monday

(RTTNews) - Japan will on Monday release March numbers for core machine orders, highlighting a modest day for Asia-Pacific economic activity.

Orders are expected to have gained 6.0 percent on month and 4.3 percent on year after dropping 8.8 percent on month and gaining 10.8 percent on year in February.

New Zealand will provide Q1 numbers for producer prices. Inputs are called higher by 0.4 percent on quarter following the 0.7 percent decline in the previous three months. Outputs are tipped to add 0.7 percent after dipping 0.4 percent in the three months prior.

New Zealand also will see April results for its performance of services index; in March, the index saw a score of 58.3.

Thailand will provide GDP figures for the first quarter of 2014; in Q4, GDP was up 0.6 percent on year.

The Philippines will see current account figures for April; in March, the current account deficit was $0.34 billion.

Hong Kong will provide unemployment data for April; in March, the jobless rate was 3.1 percent.