The skyline of Beijing’s central business district on August 13, 2019.
Wang Zhao | AFP | Getty Images
Asia-Pacific markets opened mixed on Friday as investors awaited key economic data from China and assessed inflation data from Japan.
According to economists surveyed by Reuters, China’s third-quarter GDP is expected to grow by 4.5%, compared with 4.7% in the previous quarter.
China is scheduled to release its September housing price index at 9:30 a.m. local time.
Economists expect China’s economic situation to be mixed in September. Urban investment is expected to increase by 3.3% annually, down from 3.4% last month, while retail sales may increase by 2.5% annually, up from 2.1% last month, according to LSEG. .
Industrial production is expected to increase by 4.5% year-on-year in September.
Japanese Overall inflation in September Core CPI (excluding fresh food prices) is 2.5% — The annual growth rate was 2.4%, compared with Reuters forecast of 2.3%.
Japanese Nikkei 225 Index It opened up 0.5%, with the Topix rising 0.34%.
South Korea’s blue-chip Kospi index was almost flat, while the small-cap Kosdaq fell 0.22%.
Hong Kong Futures Hang Seng Index It closed at 19,974 points, compared with the previous closing price of 20,079.1 points.
Australian S&P/ASX 200 Index It opened down 0.42% that day.
Overnight in America, Dow Jones Industrial Average Stocks rose to a new record close as strong economic data eased lingering concerns about a potential recession. The blue chip index rose 161 points, or 0.37%, to 43,239.05 points.
this S&P 500 Index It closed down 0.02% at 5,841.47 points, having previously set a new intraday high.
this Nasdaq Index The chipmaker gained, rising 0.04% to close at 18,373.61 points.
All three indexes posted gains for a sixth straight week.
—CNBC Lisa Kelly Han and Ha Kyung Kim contributed to this report.
