)
Indonesia is expected to release several key economic indicators on Tuesday, including March trade balance, export, and import data. Following a $0.87 billion trade surplus in February, it is predicted that the country’s market will continue to thrive. In Thailand, the market will reopen on Wednesday after being closed for the Songkran Festival.
China is also set to release several key economic indicators on Tuesday, including Q1 GDP estimates, retail sales, industrial output, fixed asset investment, unemployment, and housing prices. It is predicted that GDP will grow by 0.8 percent on the quarter and 4.8 percent on the year, with a decrease in the unemployment rate from 5.3 percent to 5.2 percent. House prices are expected to be down 1.2 percent year over year.
Retail sales are forecasted to increase by 5.1 percent annually, while industrial production is estimated to rise by 5.4 percent year over year. Fixed asset investments are predicted to be up 4.3 percent year over year in China.