Asia markets set for mixed open as investors look ahead to Japan data
Tokyo Skytree (R) and Mount Fuji are seen from the I-link Town observatory in Ichikawa city, Chiba prefecture, east of Tokyo on July 2, 2023.
Philip Fong | Afp | Getty Images
Asia-Pacific markets are set to start mixed on Monday as investors look toward key data from Japan and China later in the week.
Japan’s gross domestic product for the second quarter will be out on Tuesday, as well as its inflation print for Friday.
Japan’s Nikkei 225 is set for a positive open, with the futures contract in Chicago at 32,500 and its counterpart in Osaka at 32,450 against the index’s last close of 32,473.65.
China will release industrial production and retail sales for July this week as well as house prices.
Futures for Hong Kong’s Hang Seng index stood at 18,857, pointing to a weaker open compared to compared to the HSI’s close of 19.075.19. This would be the first time in almost a month that the HSI went lower than the 19,000 mark.
In Australia, futures for the S&P/ASX 200 also point to a lower open, at 7,251 compared to the last close of 7,340.1
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