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Asia-Pacific markets lower tracking losses on Wall Street ahead of Powell speech

Asia-Pacific markets lower tracking losses on Wall Street ahead of Powell speech
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Japan data - PPI Services (Corporate Services Price Index) +1 2% y/y (expected 1 4)

Japan data - PPI Services (Corporate Services Price Index) +1 2% y/y (expected 1 4)
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Asia-Pacific markets mixed as investors parse latest tech earnings, Fed decision looms

Asia-Pacific markets mixed as investors parse latest tech earnings, Fed decision looms
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Armstrong Economics

ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 82.73 points or -0.25% to 32,698.81 Shanghai decreased 47.28 points or -1.48% to 3,150.62 Hang Seng decreased 95.84 points or -0.51% to 18,794.13 ASX 200 decreased 20.50 points or -0.29% to 7,078.70 Kospi increased 12.10 points or 0.47% to 2,582.20

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Armstrong Economics

ASIA: China's economy grew by 4.5% YoY in the first quarter, supported by strong consumer spending and a large trade surplus. This may lead to an upgrade in growth forecast for 2023 from the current 5.7%. Consumption was the main contributor to the GDP growth, with retail sales growing at the fastest rate

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