Bank Of Japan Minutes On Tap For Tuesday

(RTTNews) - The Bank of Japan will on Tuesday release the minutes from its monetary policy meeting on July 30 and 31, highlighting a modest day for Asia-Pacific economic activity.

At the meeting, the central bank retained its massive monetary stimulus as expected, including the -0.1 percent interest rate on current accounts that financial institutions maintain at the bank.

Japan also will see August figures for producer prices and supermarket sales, plus final July results for the leading and coincident indexes.

Producer prices are tipped to hold steady at 1.1 percent on year, while supermarket sales advanced an annual 1.5 percent in July. The previous score for the leading index was 103.5, while the coincident was at 116.3.

Finally, the markets in South Korea and Hong Kong are closed on Tuesday. South Korea is off until Thursday for Chuseok Day, while Hong Kong (Mid-Autumn Festival) returns on Wednesday.