09.08.201019:34:00UTC+00Japan Rate Decision On Tap For Tuesday

The Bank of Japan is on Tuesday scheduled to conclude its two-day monetary policy meeting and then announce its decision on interest rates, headlining a modesty day for Asian economic activity.

The BoJ is widely expected to keep interest rates on hold at the record low of 0.10 percent, although the central bank may introduce some new measures to combat deflation or deal with the surging yen.

The Philippines will provide export data for June, with forecasts calling for an increase of 24.7 percent on year following the 37.3 percent annual surge in May.

Malaysia will release June numbers for industrial production, with analysts expecting an increase of 11.5 percent on year after jumping an annual 12.6 percent in May.

China will provide July data for imports, exports and trade balance. Imports are forecast to jump 30.0 percent on year after climbing an annual 34.1 percent in June. Exports are called higher by 35.0 percent on year after surging 43.9 percent in the previous month. The trade balance is predicted to show a surplus of $19.6 billion after posting a $20.02 billion surplus a month earlier.

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