Asia markets set to trade higher as investors await China's industrial production data

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Asia markets set to trade higher as investors await China's industrial production data
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Data on China's industrial production and fixed asset investment for April is set to be out at around 10:00 a.m. HK/SIN on Friday.

On the economic data front, China's industrial production and fixed asset investment for April is set to be out at around 10:00 a.m. HK/SIN on Friday.

Stocks in Asia were set to trade higher at the open on Friday, ahead of the release of Chinese economic data expected later in the day. Futures pointed to a higher open for stocks in Japan. The Nikkei futures contract was at 20,070 while its counterpart in Osaka was at 20,080. That compared against theShares in Australia were also set for a positive start, with the SPI futures contract at 5,353, as compared to the S&P/ASX 200's last close at 5,328.70.

On the economic data front, China's industrial production and fixed asset investment for April is set to be out at around 10:00 a.m. HK/SIN.pandemic were reported, has managed to restart its economy following lockdown measures implemented earlier in the year.

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