Data from Japan’s main index due Friday

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Japan will see August results for its leading and coincident indices on Friday, underscoring a subdued day for economic activity in Asia-Pacific. In July, the leading index had a score of 98.9 and the coincidence was 100.1.

Japan will also see the August results for household spending and average cash income. Spending is expected to rise 0.2% m/m and 6.7% y/y after falling 1.4% m/m and climbing 3.4% y/y in July. Profits rose 1.8% a year in July.

South Korea to Release August Current Account Figures; in July, the current account surplus was $1.09 billion.

The Philippines will provide August data for industrial production; in July, production increased by 10.6% over one year.

Taiwan will release September figures for imports, exports and trade balance. Imports are expected to rise 7.0% year on year, from 3.5% in August. Exports are called higher by 1.5% a year, compared to 2.0% the previous month. The trade surplus is pegged at $4.23 billion, down from $2.99 ​​billion a month earlier.

Finally, the markets in China remain closed for the Golden Week holiday and will reopen on Monday.

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