By Jamie McGeever
(Reuters) – A look at the day ahead in Asian markets.
Asian markets are primed for a positive start to the new quarter following more evidence of the U.S. “soft landing” on Friday and figures on Sunday that showed manufacturing and service sector activity in China last month accelerated in tandem.
Trading volume on Monday will be lighter than usual with much of Europe still closed for the Easter holiday, but U.S. stock and bond markets are open again.
Asia’s economic calendar is packed with key indicators — manufacturing purchasing managers index reports from several countries including Japan; South Korean trade; Indonesian inflation; and Japan’s quarterly tankan business conditions surveys.
The exchange rates of Asia’s two largest economies will once again be under the spotlight – Japan’s yen remains in “intervention” territory, and while is also under pressure against the dollar but is at a 30-year high…
