Asia markets set for mixed open after Wall Street rebound on Friday

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Asia markets set for mixed open after Wall Street rebound on Friday
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Asian markets trade mixed after Wall Street snapped a four day losing streak on Friday

— CNBC's Hakyung Kim and Brian Evans contributed to this report.China's trade surplus is expected to have eased slightly from $88.2 billion in March to $74.3 billion in April, a Reuters poll of economists showed.

The softer trade data in April is likely to reflect "residual seasonality" after this year's Lunar New Year, economists at Goldman Sachs said in a Monday note. A number of economic data releases are expected next week for Asia-Pacific markets, including China's inflation data, India's industrial production and the Philippines' trade balance.

"Non-tech exports to China are yet to recover and lower commodity prices will reduce the value of exports," Citi economists wrote in a Thursday note.South Korea's current account balance for March and unemployment rate for April are expected on Wednesday.

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