RBA Minutes On Tap For Tuesday
The Reserve Bank of Australia will on Tuesday release the minutes from its monetary policy meeting on August 7, highlighting a modest day for Asia-Pacific economic activity.
At the meeting, the RBA voted to maintain its benchmark lending rate at the record low of 1.50 percent — where it has been for two years.
New Zealand will release July numbers for credit card spending; in June, spending was up 2.1 percent on month and 5.7 percent on year.
Japan will see July figures for supermarket sales; in June, sales added 0.1 percent on year.
Hong Kong will provide July data for consumer prices, with forecasts suggesting an increase of 2.4 percent — unchanged from the June reading.