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Japan Leading Index On Tap For Wednesday

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Japan is scheduled to release preliminary July readings for its leading and coincident indexes on Wednesday, setting the pace for a light day in Asian economic news. Analysts are expecting the leading index to come in with a score of 81.9 after posting a 79.9 in June. The coincident index was at 88.0 in the previous month.

Japan also will release preliminary August figures for machine tool orders, which plunged 72.3 percent on year in July. Finally, Bank of Japan board member Miyako Suda will speak at a business conference in Nagasaki.

(Market News Provided by RTTNews)

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