A look at the day ahead in Asian markets from Jamie McGeever.
sailed through the Taiwan Strait on Sunday, just days after China ended its latest war games around the island.in recent days, while adding U.S. energy shares to portfolios at a near-record pace, according to a Goldman Sachs report.If it were solely down to the economic numbers coming out of China, investors might be reacting differently.
Figures on Tuesday are expected to show gross domestic product expanding 4.0% from a year ago and rising 2.9% from the October-December period. The annual readings of growth in urban investment, industrial output and retail sales for March are all seen rising strongly too, especially retail sales - economists expect a 7.4% rise, more than double February's 3.5% increase., meanwhile, is widely expected to leave its key interest rate unchanged at 5.75% for a third consecutive meeting, and for the rest of 2023.
Although inflation has been cooling since September, March's reading of 4.97% was still above Bank Indonesia's target range of 2%-4%. Policymakers are confident, however, that previous tightening will get it back to target later this year.- Chinese 'data dump'By Jamie McGeever;
France Dernières Nouvelles, France Actualités
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