The Bank of Japan is set to release the minutes from its monetary policy meeting held on July 30-31 this Thursday. This will be the main highlight in a relatively quiet day for economic activity in the Asia-Pacific region.
During the meeting, the Bank of Japan decided to raise its benchmark interest rate by 15 basis points. Additionally, it outlined plans to scale back bond purchases to approximately JPY 3 trillion by the first quarter of 2026.
Singapore is expected to release its industrial production figures for August. In July, industrial production saw a monthly rise of 10.1 percent and an annual increase of 1.8 percent.
Meanwhile, Hong Kong will report its August data on imports, exports, and trade balance. For July, imports surged by 9.9 percent month-over-month, while exports increased by 13.1 percent, leading to a trade deficit of HKD 21.8 billion.
