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Japan Leading Index Due On Tuesday

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Japan is scheduled to release final June data for its leading and coincident indexes, headlining a light day for Asian economic news. Also due are July numbers for Tokyo and nationwide department store sales.

The leading index is expected to inch higher to 79.9 from 79.8 in the preliminary report. The coincident likewise is expected to rise to 87.9 from the originally reported 89.8. Nationwide department store sales were down 8.8 percent on year in June, while Tokyo department sales were off an annual 11.4 percent.

Hong Kong will announce the seasonally adjusted unemployment rate for July. Analysts are expecting the rate to inch higher to 5.5 percent from the current 5.4 percent.

(Market News Provided by RTTNews)

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