China Data On Tap For Wednesday

(RTTNews) - China will release a raft of data on Wednesday, highlighting a modest day for Asia-Pacific economic activity. On tap are October figures for retail sales, industrial production and fixed-asset investment.

Retail sales are expected to climb 10.9 percent on year, unchanged from the September reading. Industrial production is tipped to add an annual 5.8 percent, up from 5.7 percent in the previous month. FAI is called higher by 10.2 percent, easing from 10.3 percent a month earlier.

Japan will provide October figures for money stock and machine tool orders. The M2 money stock is expected to hold steady at 3.8 percent, while M3 is called unchanged at 3.1 percent. Tool orders tumbled an annual 19.1 percent in September.

Australia will see November figures for the Westpac consumer confidence index; in October, the index climbed 4.2 percent to a score of 97.8.