FX.co ★ Singapore GDP Data Due On Tuesday

Singapore is slated to announce its Q4 gross domestic product (GDP) figures on Tuesday, serving as the highlight in a day with little economic activity in the Asia-Pacific region. Predictions lean towards a 1.7% quarterly rise and a 2.8% annual increase, following a boost of 1.4% on the quarter and 1.1% on the year in the preceding three-month period.

Japan is expected to release producer prices data for January, with projections indicating a 0.1% increase both monthly and annually, following a 0.3% surge in the previous month and a steady annual rate in December.

In Australia, results from January's surveys on business confidence and conditions are anticipated. The National Australia Bank's December scoreboard showed figures of -1 and +7 respectively.

Lastly, as part of the Lunar New Year celebrations, markets in Taiwan, China, and Hong Kong will remain closed.