Japan Rate Decision On Tap For Wednesday

(RTTNews) - The Bank of Japan will on Wednesday wrap up its monetary policy meeting and then announce its decision on interest rates, setting the pace for a modest day for Asia-Pacific economic activity.

The BoJ is widely expected to keep its benchmark interest rate on hold at the record low of 0 to 0.10 percent.

Japan also will see final September figures for its leading and coincident indexes, as well as for the all industry index and for department store sales.

Little change is expected from the preliminary readings for the leading and coincident indexes, which suggested scores of 105.6 and 109.7, respectively. The all industry index is expected to add 1.0 percent on month after easing 0.1 percent in August.

Australia will see October results for the Westpac leading index and for skilled vacancies; in September, the leading index dipped 0.1 percent on month while vacancies added 0.5 percent.