Here is what’s on the economic calendar in Asia today - PBOC rate setting day

Wednesday 20 April will bring the 1- and 5-year loan prime rate (LPR) settings from the People's Bank of China.

• Expected at 0130 GMT but it has been earlier.
• In March the one-year loan prime rate was held at 3.70% while the five-year remained at 4.60%

Last week the PBOC rolled over a medium-term lending facility (MLF) at an unchanged rate.

• PBOC kept its key MLF policy interest rate unchanged on Friday

This has lowered the expectation for any cut to LPRs today. For example:

• Goldman Sachs says a PBOC rate cut on Wednesday is unlikely

The Bank, though, has made a small cut to the reserve requirement ratio (RRR):

• 25-basis-point cut to banks' reserve requirement ratio will release around 530 bn yuan in long-term liquidity.
• will take effect April 25
• a 25bp cut is smaller than the usual 50 or 100 bps cut.

Here is what else is on the data agenda for the session ahead:

• This snapshot from the ForexLive economic data calendar, access it here.
• The times in the left-most column are GMT.
• The numbers in the right-most column are the 'prior' (previous month) result.
• The number in the column next to that, where is a number, is what is the consensus median expected.