Thailand’s economic growth saw an uptick in the first quarter of the year, but there are expectations that the rest of the year may not be as robust. The stronger public demand that boosted growth is likely to be balanced out by weaknesses in other areas of the country’s Gross Domestic Product (GDP).

Most Asian stocks fell on Monday as a U.S. rating downgrade and mixed economic prints from China kept investors on edge over slowing growth in the world’s largest economies.

Oil slipped on Monday, weighed down by Moody’s downgrade of the U.S. sovereign credit rating and official data that showed slowing growth in China’s industrial output and retail sales.

The U.S. dollar fell sharply Monday in the wake of a surprise rating downgrade by Moody’s, ahead of a vote on the Trump administration’s tax bill.

Most Asian stocks moved in a flat-to-low range on Friday with Japanese markets under pressure from substantially weaker-than-expected GDP data, while steep losses in Alibaba pulled down Hong Kong’s Hang Seng. 

Oil prices extended declines on Friday, under increased supply pressure from an OPEC+ output hike and the prospect of an Iranian nuclear deal, but are heading for a second consecutive weekly gain due to easing U.S.-China trade tensions.