Investors await the release of China's loan prime rate, set to be out around 9:30 a.m. HK/SIN, with a cut predicted in a Reuters poll.
Investors await the release of China's loan prime rate, set to be out around 9:30 a.m. HK/SIN, with a cut expected by traders and analysts surveyed by Reuters.
Asia Pacific stocks were set to slip at the Monday open as investors awaited the release of China's benchmark lending rate. Futures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 19,615 while its counterpart in Osaka was at 19,590. That compared against theShares in Australia were also set to see declines. The SPI futures contract was at 5,464, as compared to theInvestors await the release of China's loan prime rate, set to be out around 9:30 a.m. HK/SIN, with a cut expected by traders and analysts surveyed by Reuters.
Coronavirus developments will likely also continue to be watched, with more than 2.3 million infected globally while at least 164,000 lives have been taken, according to data compiled by John Hopkins University. Stocks globally had gotten a boost late last week after a report said patients with severe virus symptoms were
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