Posted 10/18/2023, 2:54:00 AM
Asian Markets Cautious as Israel-Hamas Tensions Offset Strong China GDP Growth
- Asian stocks muted as Israel-Hamas conflict raises Middle East tensions, offsetting better-than-expected China GDP growth
- China Q3 GDP beats forecasts at 4.9% but momentum slowing; industrial output accelerates
- China tech stocks hit as U.S. tightens export controls on AI chips
- Broader Asian indexes subdued ahead of U.S. retail sales data and upcoming Fed address
- BHP among top ASX gainers as it agrees coal asset sale to Whitehaven Coal
