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Asia markets retreat after strong week, eye on US data

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Hong Kong - Asian investors on Friday wound down after a strong week, with profit-taking weighing on most markets and attention turning to the release of US growth data later in the day.

Regional equities have seen a boon this week after France's moderate Emmanuel Macron won the country's presidential first round and looked set to beat his far-right rival in the run-off, while Donald Trump unveiled his long-awaited tax cut plans.

Upbeat earnings in the US have provided support, as did the Bank of Japan and European Central Bank reasserting their commitment to a loose monetary policy and Trump's decision not to scrap the NAFTA trade pact with Canada and Mexico.

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