On the coming Friday, Japan is set to unveil a set of new economic data points, marking a busy day for the Asia-Pacific region's economic affairs. The items to be disclosed include the March statistics for household expenditure and current account statement alongside the April figures for bank loans and the Economy Watchers current index.
Analysts estimate that household spending could potentially decrease by 0.3% month-on-month and 2.4% year-on-year following a rise of 1.4% on a monthly basis and a drop of 0.5% on an annual basis in February. The current account surplus is anticipated to reach 3.489 trillion yen, a jump from the preceding month's 2.64 trillion yen.
Bank lending, as a whole, is expected to display a 3.1% year-on-year ascent, albeit at a decelerated pace from March's 3.2%. The Economy Watchers index is speculated to exhibit a rating of 50.4, a slight increment from the previous month's 49.8.
The same day, Malaysia will disclose March's data for industrial output and joblessness. Industrial production is projected to secure an yearly gain of 2.0%, a dampened pace from February's 3.1%. The unemployment rate is predicted to remain unchanged at 3.3%.
Taiwan is set to announce the Q1 figures for its gross domestic product, with predictions proposing a year-on-year rise of 6.51% - improving from the previous quarter's rate of 4.93%.
New Zealand is expected to reveal the April readings for the Manufacturing PMI from BusinessNZ; the rating in March was 47.1.
Lastly, Indonesian markets will remain closed for Ascension Day and are scheduled to resume operations on the following Monday.
