From Investing.com: 2024-05-19 18:16:21

Asian markets are expected to remain positive as investors anticipate a Fed rate cut. However, concerns over China’s economic slowdown persist as data shows a decline in investment and retail sales. The property sector remains a major worry despite Beijing’s efforts to stabilize it. How will China finance its fiscal support measures amidst growing trade tensions with the U.S.?

Global financial markets experience a period of calm with low volatility levels, pushing stock markets to record highs. G7 finance officials will discuss trade tensions between the West and China. The Asian economic calendar for Monday includes GDP from Thailand and trade data from Indonesia, Malaysia, and Taiwan. China’s central bank is likely to keep loan prime rates unchanged for now.

Key developments on Monday include Thailand’s GDP for Q1, Taiwan’s April exports, and Japan’s March tertiary index. Pressure is mounting for a rate cut in China as concerns over economic growth grow. Investors will be closely watching the outcomes of these indicators for market direction.



Read more at Investing.com: China clouds darken market mood By Reuters