Asia markets live: China LPR, Japan inflation
A customer places a Japanese 10,000 yen banknote on a checkout counter while making a purchase at an Akidai YK supermarket in Tokyo, Japan, on Monday, June 27, 2022.
Kiyoshi Ota | Bloomberg | Getty Images
Asia-Pacific stocks were set to open mixed Monday as markets kickstart what ING calls a “quiet” week for economic data from the region.
Key data this week from the region will include China’s loan prime rate announcement, set for Wednesday.
ING said no change is expected in China’s LPR, with the one-year rate currently at 3.1% and the five-year LPR at 3.6%.
Japan will release trade data on Tuesday and October headline inflation numbers on Friday, while Australia’s central bank on Tuesday will release minutes of its meeting earlier this month..
Japan’s benchmark Nikkei 225 was set to fall, with the futures contract in Chicago at 38,170 and its counterpart in Osaka at 38,040 against the index’s last close of 38,642.91.
Australia’s S&P/ASX 200 started the day down 0.45%
futures for Hong Kong’s Hang Seng index stood at 19,458, pointing to a stronger open compared to the HSI’s close of 19,426.34.
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