China is also scheduled to announce May readings for its manufacturing and nonmanufacturing purchasing managers indexes on May 31, which could shape investors’ views on the pace of the country’s economic recovery following strong first-quarter GDP figures. Markets will watch whether export strength in machinery and technology products will continue to offset weak domestic demand. On the political front, analysts will also watch for a potential visit by Chinese President Xi Jinping to North Korea, following earlier reports in South Korean media. South Korea The Bank of Korea’s first rate-setting meeting under new Gov. Shin Hyun-song is due Thursday, with…
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