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On Tuesday, China is predicted to release a series of economic data, including Q1 GDP estimates and figures for March retail sales, industrial output, fixed asset investment, unemployment, and housing prices. The GDP is forecasted to grow by 4.8 percent on the year and 0.8 percent on the quarter. The unemployment rate is expected to decrease slightly, while house prices are down 1.2 percent year over year.
Indonesia will also reveal its trade balance data for March, with a trade surplus of $0.87 billion in February. Retail sales are predicted to increase by 5.1 percent annually, industrial production is forecasted to rise by 5.4 percent year over year, and fixed asset investments are higher by 4.3 percent compared to the previous month. Thailand’s market will reopen on Wednesday after being closed for the Songkran Festival.
