Mixed day at the office for Asian markets
Australia, South Korea, Hong Kong end Thursday moderately higher while Japan, China, Malaysia end lower
THE UK government's decision on whether to seek an extension to Article 50 is unlikely to play a heavy hand in influencing the market on Friday. Instead, an approval from the House of Commons to extend the Brexit date will be deemed positive for the pound.
Perhaps closer to the hearts of regional markets are the Bank of Japan's meeting on monetary policy and Chinese Premier Li Keqiang's closing address at the National People's Congress on Friday, IG market strategist Pan Jingyi noted.
On Thursday, markets in Asia traded mixed after a positive session on Wall Street and as China reported stronger-than-expected foreign direct investment figures in its slowing economy, but weaker industrial output growth figures.
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