China Data On Tap For Tuesday

(RTTNews) - China is scheduled to release a raft of data on Tuesday, setting the pace for a busy day in Asia-Pacific economic activity. On tap are November numbers for industrial production, retail sales, fixed asset investment and new yuan loans.

Industrial production is expected to expand 10.1 percent on year, slowing from 10.3 percent in October. Retail sales are tipped to rise 13.2 percent, down slightly from 13.3 percent in the previous month. Fixed asset investment is called steady at 20.1 percent higher on year. New loans are expected to total 595.0 billion, up from 506.1 billion a month earlier.

Japan will see October results for its tertiary industry index and November numbers for money stock, consumer confidence and machine tool orders.

The tertiary index was down 0.2 percent on month in September, while M2 money stock jumped 4.1 percent on year and M3 climbed 3.3 percent. The consumer confidence index saw a score of 41.2 percent in the previous month, while machine tool orders gained an annual 8.4 percent.

Australia will release October figures for home loans, and also see November results for the NAB business confidence survey. In September, home loans were up 4.4 percent, while the value of loans jumped 5.3 percent. The business confidence survey saw a score of 5 in October, while the conditions index was at -4.

Finally, markets in Thailand will be closed on Tuesday for Constitution Day, and will re-open on Wednesday.