The big data point in Asia today is China's Q1 GDP
Late in the day yesterday we got a whole lot of data out of China, so just noting those here:
Chinese banks extended 1.18 trillion yuan ($189.97 billion) worth of new loans in March. Economists polled by Reuters had expected new local-currency loans of 1.03 trillion yuan in March, compared with 1.02 trillion yuan extended in February
Broad M2 money supply (M2) in March rose 11.6 percent from a year ago, missing market expectations of 12.3 percent and slowing from February's 12.5 percent.
Outstanding loan growth was 14 percent in March. Analysts polled by Reuters had expected outstanding loans to grow by 14.5 percent for a year earlier, versus February's 14.3 percent.
The central bank said that total social financing, a broader measure of overall liquidity in the economy, was 1.18 trillion yuan in March, versus 1.35 trillion yuan in February.
China's foreign exchange reserves - the world's largest - were at $3.73 trillion at the end of March, compared with $3.84 trillion at the end of 2014.