Australia is scheduled to disclose retail sales figures for February on Thursday, in what is expected to be a relatively quiet day for economic activity in the Asia-Pacific region. Predictions suggest that sales are set to rise by 0.3% monthly, following a 1.1% increase in January.
In addition, data on building approvals for February are also anticipated from Australia, with the forecast indicating a monthly increase of 3.0%. This follows a decline of 1.0% in the preceding month.
Lastly, the markets in China and Hong Kong will be closed on Thursday due to the Ching Ming Festival, while Taiwan will also be closed in observance of Children's Day.
