Traders in Asia will assess a slew of economic data from the region on Thursday, including from Japan, China and Australia.
Some Asian markets will return to trade after being closed for a public holiday on Monday, namely, Australia, Hong Kong, mainland China and Taiwan.
Traders in Asia will also look toward the U.S. Federal Reserve's decision on Wednesday night stateside, which will come after the country's May inflation report on Wednesday.Asia-Pacific markets were largely up on Thursday after Japan's GDP growth beat expectations, and also tracking Wall Street stocks that rose overnight after U.S. inflation data met market expectations.2.
Economists polled by Dow Jones expected a 0.2% increase from the prior month and a 3% gain year-over-year. Traders in Asia will look toward a slew of economic data from the region on Thursday, with Japan releasing its second-quarter gross domestic numbers and China publishing retail sales, industrial output and urban unemployment data for July.has beat expectations on a quarter-on-quarter basis, climbing 0.8% compared to forecasts of a 0.5% rise from economists polled by Reuters.However, on a year-on-year basis, the country's GDP fell for a second straight quarter, down 0.
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