June 23, 2021
Markets

GLOBAL MARKETS-Asia shares left listless by mixed China data

* Asian stock markets : https://tmsnrt.rs/2zpUAr4

* China retail sales miss forecasts, industrial activity solid

* Nikkei slips 0.6%, but China blue chips resilient

* Gold reaches three-month high amid inflation hedging

* FOMC minutes loom later in the week

By Wayne Cole

SYDNEY, May 17 (Reuters) – Asian share markets turned mixed on Monday as data on Chinese retail sales missed expectations though industrial output stayed solid, while more evidence of global inflation pressures helped gold to a three-month peak.

Chinese retail sales rose 17.7% in April on a year ago, short of forecasts for a jump of 24.8%, while industrial output matched expectations with a rise of 9.8%.

The spread of the coronavirus was also a hindrance with Singapore to shut most schools from Wednesday after reporting the highest number of local infections in months.

Taiwan’s government on Monday had to reassure investors…

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