Asia-Pacific markets mixed as investors squared positions heading into a key U.S. inflatio

Japan +1.05%. Japan March data – inflation adjusted real wages -2.9% y/y, household spending -1.9% y/y. China +0.53%. China April USD terms Exports +8.5% y/y (expected +8.0%) Imports -7.9%. (expected -0.2%) Hong Kong -0.44%. Australia -0.21%. Australian Q1 retail sales -0.6% q/q (vs. expected -0.6%). Australian weekly consumer confidence survey fell again, to 77.7 (prior 79.8). Australian household spending in April -4.3% m/m (prior +8.0% ) – CBA data. India +0.38%. Overnight in the U.S., major US stock indices are ending the session with mixed results in what has been a quiet Monday. The Dow industrial average fell modestly. The…