FX.co ★ Australia Home Loan Data Due On Friday

On Friday, Australia is set to reveal its home loan figures for March, offering an insight into the economic dynamics in the Asia-Pacific region. The preceding month saw a monthly increase of 1.6% in loans and a 1.2% rise in investment lending.

Meanwhile, Singapore is preparing to release its data on retail sales for the month of March. The country previously reported a monthly rise of 3.0% and an annual surge of 8.4% in retail sales in February.

In addition, Hong Kong is expected to unveil its retail sales figures for March, with numbers from February indicating a yearly increase of 1.9%.

However, whilst the aforementioned nations reveal economic updates, Chinese markets remain closed in observance of Labor Day and are scheduled to resume operations on Monday. Japan is also taking a break as the country celebrates Constitution Memorial Day.