Korea Data On Tap For Wednesday

(RTTNews) - South Korea will release December figures for industrial production and current account, highlighting a modest day for Asia-Pacific economic activity.

Industrial production was flat on month in November and down 1.3 percent on year, while the current account surplus was $6.03 billion.

Australia will see November results for the Westpac leading index; in October, the index was down 0.10 percent on month.

Singapore will provide December numbers for producer prices, plus Q4 data for unemployment. In November, PPI was down 0.3 percent on month and up 1.0 percent on year. The unemployment rate is expected to gold steady at 1.8 percent.

The central bank in Malaysia will conclude its monetary policy meeting and announce its decision on interest rates; the bank is widely expected to keep its benchmark on hold at 3.00 percent.