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Asia stocks cautious after mixed China data; dollar firm on Fed view

Asian stocks traded cautiously on Friday after a mixed reading on the health of China's economy, while Japanese markets were buoyed by a weaker yen. The dollar hovered close to an 11-week high versus major peers on Friday after robust U.S. economic data allowed for a more patient path of Federal Reserve easing. Mainland Chinese blue chips sank 0.25% as of 0207 GMT, with property shares weighing, after data showed new home prices falling at the fastest pace since 2015.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-13973733/Asia-stocks-cautious-mixed-China-data-dollar-firm-Fed-view.html
Source Id: 8368814600

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