Asia markets poised to open mixed as investors gear up for U.S. elections, China parliament meeting
BEIJNG, CHINA – NOVEMBER 13: Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. (Photo by Gao Zehong/VCG via Getty Images)
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Asia-Pacific markets were set to open mixed Monday as investors gear up for a busy week that includes the U.S. presidential election and Federal Reserve’s monetary policy meeting.
Investors will also closely watch China’s parliament that’s scheduled to kick off on Monday. Chinese authorities are expected to announce more details on fiscal support when the meeting concludes on Friday.
China’s October trade data is due on Thursday after downbeat exports and imports growth in September.
Japan’s Nikkei 225 appeared set for a stronger open, with the futures contract in Chicago at 38,410 and their counterpart in Osaka at 38,600 against the index’s last close of 38,053.67.
Futures for Hong Kong’s Hang Seng index stood at 20,490, lower than their Friday close of 20,506.43.
Australia’s S&P/ASX 200 started the day up 0.18%.
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