Asian markets gained on Monday amidst optimism on the Chinese economic scenario ahead of the release of key readings including GDP, industrial production, retail sales, unemployment rate etc. Dovish comments from Bank of Japan's Governor, People's Bank of China keeping rates steady as well as positive earnings updates from the U.S. also supported sentiment.
The Chinese economy is expected to have grown 4 percent in the first quarter versus 2.9 percent earlier. Industrial production in March is seen rising to 4 percent from 2.4 percent in the previous period.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.