Japan Leading, Coincident Indexes Due on Friday

(RTTNews) - Japan is poised to release preliminary December numbers for its leading and coincident indices on Friday, headlining a light day for Asian economic activity. The leading indicator is expected to post a score of 79, down from 81.3 in November. The coincident index is called at 92.3, easing from 94.9 a month earlier.

Singapore is scheduled to release FX reserves numbers for January, with analysts seeking a surplus of $167.6 billion. That’s down from $174.2 billion in December.

Malaysia is set to announce foreign reserves data through January 30. Forecasts call for a surplus of $90.42 billion, easing from $91.4 billion in the previous reporting period.

Thailand will supply foreign reserves information for the period ending January 30, with analysts expecting an increase of 110.4 percent on year. That’s up from the 110.1 percent annual expansion in the previous week. Also, Finance Minister Korn Chatikavanij will speak at an economic seminar in Bangkok with business leaders.

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