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The Indonesian central bank will hold its monetary policy meeting on Wednesday and then announce its decision on interest rates, headlining a modest day for Asian economic news. Analysts are widely expecting the bank to keep rates on hold at the current level of 6.5 percent.
Malaysia will provide September numbers for imports, exports and trade balance. Imports are seen lower by 17.2 percent on year following the 18.6 percent annual contraction in August. Exports are tipped to fall an annual 21 percent after the 19.8 percent decline on year in the previous month. The trade balance is forecast to show a surplus of 9.7 billion ringgit after the 9.57 billion ringgit surplus a month earlier.
The Bank of Japan will release October numbers for monetary base, which came in higher by 4.5 percent in the previous month. Also, BoJ Governor Masaaki Shirakawa will speak at a business meeting Tokyo.
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