Interest rate decision in South Korea will be released on Friday | 10.10.24

(RTTNews) – The Bank of Korea will wrap up its monetary policy meeting on Friday and then announce its interest rate decision, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 3.50 percent.

Japan will release September figures for its M2 money stock, with forecasts suggesting a 1.5% increase year on year – up from 1.3% in August.

Malaysia will see August figures for industrial production; in July, production increased 5.3% in the year.

Finally, Hong Kong markets are closed on Friday for the Double Ninth Festival and will reopen on Monday.