Asia markets slide further in early trading as Wall Street pauses market rally

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Asia markets slide further in early trading as Wall Street pauses market rally
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Investors in the region also further assessed economic data that has been released this week.

Australia stocks were up marginally, ahead of the economy's May trade balance later today.rebounded from a sharp drop on Wednesday to open up 0.12%, while the Topix climbed 0.26%.

Japan saw its annualized GDP for the first quarter revised to 2.7%, higher than the 1.9% expected by economists polled by Reuters and the 1.6% posted in its preliminary figures.Hong Kong'sis also set to fall after a brief rally on Wednesday, with futures at 19,116 compared to the HSI's close of 19,252.

India's central bank is expected to announce its interest rate decision today, with economists polled by Reuters expecting the Reserve Bank of India to hold rates at 6.5% for a second consecutive time.

 

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