"China's 'Two Sessions' Meeting Sparks Market Slip, Gold Hits Record High"

Asia-Pacific markets fell as China's "Two Sessions" meeting began, with China projecting a GDP growth target of "around 5%" for 2024 and a 7.2% increase in defense spending. Gold prices set new records as traders bet on potential Federal Reserve interest rate cuts. Meanwhile, Japan's inflation rebounded, South Korea's GDP grew 0.6% in Q4, and Australia's current account surplus widened. Additionally, UBS recommends diversifying assets to take advantage of the ongoing tech rally.