Japan’s December Tertiary Industry Activity Index -0.4% m/m (expected 0.1%; last 0.1%)
South Korea’s January trade deficit $12.65 bln (last deficit of $12.69 bln). January Imports -2.8% yr/yr (last -2.6%) and Exports -16.6% yr/yr (last -16.6%). January Import Price Index 1.7% yr/yr (last 9.1%) and Export Price Index -1.3% yr/yr (last 3.1%)
India’s January trade deficit $17.75 bln (expected deficit of $24.20 bln; last deficit of $23.76 bln)
Japan’s former top currency diplomat Sakakibara said that new Bank of Japan Governor Ueda may raise rates by the fourth quarter.
Reserve Bank of Australia Governor Lowe said that there is some early evidence that demand is moderating, adding that policymakers are unsure how high rates will have to go.