Malaysia Industrial Output On Tap For Wednesday

(RTTNews) - Malaysia will on Wednesday release October figures for industrial production and manufacturing production, highlighting a busy day in Asia-Pacific economic activity.

Industrial output is expected to add 1.4 percent on month and 1.0 percent on year following the 2.2 percent monthly increase and the 0.1 percent annual gain in September. Manufacturing production was up 5.9 percent on month and 2.4 percent on year in the previous month.

Japan will provide October numbers for core machine orders and November data for domestic corporate goods prices.

Machine orders are forecast to add 0.7 percent on month and 15.1 percent on year after shedding 2.1 percent on month and rising 11.4 percent on year in September. The CGPI is expected to gain 0.1 percent on month and 2.7 percent on year after easing 0.1 percent on month and climbing 2.5 percent on year in October.

Australia will see December results for the Westpac consumer confidence index; in November, the index added 1.9 percent to a score of 110.3.

South Korea will release unemployment data for November, with analysts expecting the unemployment rate to hold steady at 3.0 percent.

The Philippines will provide Q3 unemployment figures; in the second quarter, the unemployment rate was 7.3 percent with a participation rate of 63.9 percent.