Australia Rate Decision On Tap For Tuesday

(RTTNews) - The Reserve Bank of Australia will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBA is widely expected to keep its benchmark lending rate unchanged at 3.60 percent.

South Korea will release October data for consumer prices, with forecasts suggesting a flat monthly reading and a 2.1 percent yearly increase. That follows the 0.5 percent monthly increase and the 2.1 percent annual gain in September.

Japan will see October results for the manufacturing PMI from Jibun Bank; in September, the index score was 48.3.