Australia Building Approvals On Tap For Monday

(RTTNews) - Australia will on Monday release November numbers for building approvals, highlighting a light day for Asia-Pacific economic action.

Building approvals are expected to rise 4.5 percent on month and fall 5.7 percent on year after tumbling 12.6 percent on month and 24.9 percent on year in October.

Australia also will see December results for job advertisements from ANZ, as well as the Performance of Construction Index from AiG. In November, job ads advanced 1.7 percent on month, while the construction index had a score of 46.6.

The Philippines will provide November numbers for imports, exports and trade balance. In October, imports were worth $6.92 billion and exports were at $4.76 billion for a trade deficit of $2.16 billion.