Disappointing economic data from some of Asia-Pacific’s largest economies this week could intensify calls for more monetary easing, economists warn.
The reports could also further weigh on global equity markets, which were hit by a drop in global risk sentiment last week due to political conflict in Yemen, volatile oil prices, uncertainty over Greece and ongoing speculation over the timing of a U.S. interest rate hike.
Japanese industrial output for February is due Monday morning before Tokyo’s market open. Manufacturers polled by the Ministry of Economy, Trade and Industry (METI) expect a 0.2 percent monthly gain, which would mark the third straight month of expansion but also a significant slowdown compared to January’s revised 3.7 percent increase.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.