Japan Rate Decision On Tap For Tuesday

(RTTNews) - The Bank of Japan will on Tuesday conclude its monetary policy meeting and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is expected to keep rates on hold at 0 to 0.10 percent.

Japan also will release February figures for its current account, which is expected to show a surplus of 618.1 billion yen following the 1.589 trillion yen shortfall in January.

Japan's eco watchers survey results for March also are due; in February, the reading for current conditions was 53.0, while the outlook was at 40.0.

Indonesia's central bank will wrap up its monetary policy meeting and announce its decision on interest rates. The bank is widely expected to keep rates on hold at 7.5 percent.

Australia will see March results for the NAB survey on business confidence and conditions; in February, they were at 7.3 and 0, respectively.