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