The sunset glow is seen over buildings and a ferris wheel on May 13, 2022 in Beijing, China.
Vcg | Visual China Group | Getty Images
Asia-Pacific markets were little changed in early Wednesday trading as investors look to key economic data from China.
China will release its third-quarter gross domestic product data. Economists expect the country’s economy to report growth of 4.4%, according to a Reuters poll.
The world’s second-largest economy will also release its industrial output and retail sales data for September, as well as its urban unemployment rate.
In Australia, the S&P/ASX 200 started the day 0.08% higher, ahead of its unemployment figures on Thursday. The unemployment rate is one of the key metrics that the Reserve Bank of Australia considers when setting its monetary policy.
Japan’s markets are trading close to the flatline, with the Nikkei 225 down just 0.1% and the Topix gaining marginally.
South Korea’s Kospi was down marginally as well, with the Kosdaq slipping 0.15%.
Futures for Hong Kong’s Hang Seng index stood at 17,782, also pointing to a slightly stronger open compared with the HSI’s last close of 17,773.34.