Australia Consumer Confidence Index On Tap For Wednesday

Australia will on Wednesday see February results for the consumer confidence index from Westpac Bank, highlighting a modest day for Asia-Pacific economic activity.

In January, the index added 0.1 percent on month to a score of 97.4.

Australia also will see January figures for new motor vehicle sales; in December, sales added 0.3 percent on month and 0.2 percent on year.

South Korea will release January figures for unemployment, with the jobless rate expected to hold steady at 3.4 percent.

Singapore will see December data for retail sales; in November, sales added 0.5 percent on month and 1.1 percent on year.

Indonesia will provide January numbers for imports, exports and trade balance, as well as Q4 figures for current account.

In December, imports were worth $12.78 billion and exports were at $13.77 billion for a trade surplus of $992 million. The current account deficit in the third quarter was $4.49 billion.

The material has been provided by InstaForex Company – www.instaforex.com

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