Morning Bid: Scope for a month-end bounce in Asia

A look at the day ahead in Asian markets from Jamie McGeever.

The slew of economic indicators across the region due for release on Tuesday is topped by Q4 Indian GDP. Economists reckon growth slowed further amid weakening demand and is set to lose more momentum going into this year as higher interest rates weigh on activity.The consensus forecast is for annual growth of 4.6%, which is expected to slow to 4.4% in Q1 this year. Growth across 2023/24 is expected at 6.0%, below the government's 6.5% goal.

Investors get the latest snapshots of industrial production and retail sales from Japan, credit and lending figures from Australia, and trade data from Vietnam. Vietnam joins Thailand, Hong Kong and South Korea in reporting trade data this week, figures that will give an insight into how Asia has started the year in terms of trade with the rest of the world.has held up pretty well since the pandemic and Russia's invasion of Ukraine. If this resilience persists, the long-term outlook for emerging markets may just be a shade brighter.

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