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FX.co ★ Japan Money Stock Data Due On Monday

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typeContent_19130:::2024-05-12T22:56:00

Japan Money Stock Data Due On Monday

On Monday, Japan is set to release its money stock figures for April, marking a modest day for economic activity in the Asia-Pacific region. The M2 money stock is projected to remain stable, marking an increase of 2.5 percent.

Elsewhere, New Zealand is expected to report results for the Performance of Services Index from BusinessNZ for April. In the previous month, the index recorded a score of 47.5.

In Australia, the National Australia Bank (NAB) is due to release its business confidence and conditions indexes for April. In March, the confidence and conditions indexes recorded scores of +1 and +9, respectively.

Meanwhile, Taiwan is set to disclose its first-quarter gross domestic product (GDP) figures, with economists expecting a year-on-year increase of 6.51 percent — a slight acceleration from the 4.93 percent rise observed in the prior quarter.

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