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Australia shares down in early trade; China’s GDP data ahead

“Asia Pacific markets looked set to be mixed in early trade Friday morning, as investors await the release of China’s third-quarter growth data with slowing growth continuing to be a concern amid the ongoing trade war with the U.S. Australia’s S&P/ASX 200 declined 0.27% in early trade” writes Weizhen Tan for cnbc.com. Analysts expect that China’s growth will edge down further.The country’s retail sales and fixed asset investments data, also set to be out on Friday, will be important as well, he said. Beijing had emphasized Thursday that the U.S. must remove tariffs in order for the two countries to reach a final agreement on trade.
 
Source: cnbc.com



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