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Japan Rate Decision On Tap For Thursday

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The Bank of Japan is set to conclude its two-day monetary policy meeting on Thursday, and then announce its decision on interest rates to headline a modest day for Asian economic activity. Analysts are expecting the bank to keep rates on hold at the record low of 0.10 percent, although they may be watching for clues as to the direction and timing of future policy moves.

Also, Japan's Ministry of Finance will provide weekly capital inflow numbers for stocks and bonds.

Hong Kong will announce its seasonally adjusted unemployment rate for January, with forecasts calling for the rate to ease to 4.8 percent from the current level of 4.9 percent.

Finally, the China and Taiwan stock markets remain closed through the remainder of the week in observance of the Lunar New Year holiday. Both will re-open on Monday.

(Market News Provided by RTTNews)

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