Japanese yen strengthens after ruling party’s defeat
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— Lim Hui Jie
Asia-Pacific markets open mixed
South Korean markets started the day higher Monday.
As of 8.10 a.m. Singapore time (8.10 p.m. ET Sunday), the Kospi index rose 0.45%, while the small-cap Kosdaq was flat.
Meanwhile, Australia’s S&P/ASX 200 benchmark was flat.
Japanese markets were closed for the Marine Day public holiday.
— Amala Balakrishner
Here are the opening calls for the day
Good morning from Singapore.
Investors will be keeping a close watch on the People’s Bank of China’s decision on its 1-year and 5-year loan prime rates for July expected later in the day.
Futures for Hong Kong’s Hang Seng index stood at 24,883, pointing to a stronger open compared with the HSI’s Friday close of 24,825.66.
Australia’s S&P/ASX 200 was set to start the day lower with futures tied to the benchmark at 8,688, compared with its last close of 8,757.20.
Japanese markets were closed for a public holiday.
— Amala Balakrishner
U.S. futures little changed in early Asia hours
S&P 500, Dow end Friday in the red
The S&P 500 and Dow Jones Industrial Average ended Friday in the red, with stocks turning lower in afternoon trading as tariff fears took over.
The 30-stock Dow lost 142.30 points, or 0.32%, ending at 44,342.19. The S&P 500 inched 0.01% lower to close the session at 6,296.79.The tech-heavy Nasdaq Composite added just 0.05% to settle at 20,895.66.
— Pia Singh
