Asia-Pacific markets mixed as investors await key economic data from China

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Asia-Pacific markets mixed as investors await key economic data from China
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Investors will assess a slew of data from China, including its urban unemployment rate, retail sales, and industrial production

Asia-Pacific markets were mixed Friday, as investors awaited key China data to assess the state of the world's second largest economy.

Bank of Japan Governor Kazuo Ueda told parliament that the central bank has no immediate plans to sell its ETF holdings, according to Reuters. "In recent years, they would have meaningfully outperformed in 2019-20, but meaningfully underperformed in 2021-22. These are important stocks investors need to get right," BofA's analysts said, naming stocks on their screen.GameStop, and others like AMC, experienced much volatility this weekBacked up by artificial intelligence-related tailwinds, the tech sector has largely led the current market rally.

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