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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