The Reserve Bank of Australia will conclude its monetary policy meeting, subsequently revealing its decision on interest rates, marking a significant day for economic activities in the Asia-Pacific region. It is widely anticipated that the RBA will maintain its benchmark lending rate at 4.35 percent.
South Korea is set to release October's consumer price data, with projections indicating a month-on-month rise of 0.2 percent and a year-on-year increase of 1.4 percent. These figures follow a 0.1 percent monthly rise and a 1.6 percent annual gain recorded in September.
The Bank of Japan will report October's monetary base statistics, with expectations for a year-on-year rise of 0.3 percent, succeeding the 0.1 percent decline observed in September.
China is awaiting the October services PMI results from Caixin, with forecasts suggesting a reading of 50.5, a slight increase from September's 50.3.
Indonesia is slated to publish its Gross Domestic Product data for the third quarter, with predictions of a 1.6 percent quarterly growth and a 5.0 percent annual rise. This marks a deceleration from the previous quarter's growth of 3.79 percent and the annual expansion of 5.05 percent.
Thailand will release its consumer price index (CPI) data for October, with overall inflation expected to rise by 0.96 percent year-on-year, compared to a 0.61 percent increase in September. Core CPI is projected to edge higher by 0.78 percent year-on-year, up slightly from 0.77 percent the previous month.
Lastly, Singapore will present its retail sales data for September; in August, sales increased by 0.7 percent month-on-month and 0.6 percent year-on-year.
