Mixed trading in Asia as China optimism fades and Fed rate hikes remain uncertain.

Asia-Pacific markets traded mixed as Wall Street's earnings season continued and U.S. Federal Reserve officials delivered mixed signals on future rate hikes. Netflix's "stellar loyalty metrics" suggest password-sharing users would convert to full or ad supported users, according to Sensor Tower. JPMorgan, Citi, and UBS raised their full-year forecasts for China's economy after it delivered an impressive first-quarter gross domestic product growth of 4.5% on Tuesday. Malaysia's total trade in March came in at RM232.7 billion ($52.51 billion), 1.6% lower as compared to the total value of RM236.5 billion seen in the same month of the preceding year. Bank of America CEO Brian Moynihan said he sees only a slight recession hitting the U.S. as consumers remain in solid shape.