Asia markets mixed as Wall Street indexes record second week of losses

Asian markets are mixed after Wall Street sees a second straight week of losses

On a weekly basis, the S&P 500 and Dow fell for a second consecutive week, down 0.29% and 1.11%, respectively. The Nasdaq gained 0.4%.Asia week ahead: Thai GDP, China data, Philippines central bank, G-7 summit

On Monday, Thailand's gross domestic product for the first quarter will be released in the morning. Economists at Goldman Sachs expect the economy to post a 1.8% quarter-on-quarter growth as consumption picks up and inventories rebound amid slower factory activity. Economists polled by Reuters forecast industrial output to grow by 10.1% year-on-year in April after posting growth of 3.9% the month before. They also see retail sales surging 20.1% for the month after the economy saw a jump of 10.6% in March.

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