Asia-Pacific stocks set for mixed start ahead of data from Australia and Japan


SINGAPORE — Shares in Asia-Pacific appeared set for a mixed start as buyers await a slew of regional financial data.

Futures pointed to the next open for Japanese stocks. The Nikkei futures contract in Chicago was at 29,065 whereas its counterpart in Osaka was at 29,000. That in contrast in opposition to the Nikkei 225’s final shut at 28,991.89.

Japan’s retail gross sales data for March is anticipated to be out at 7:50 a.m. HK/SIN.

Stocks in Australia appeared poised to dip, with the SPI futures contract at 7,021.0 as in contrast with the S&P/ASX 200’s final shut at 7,033.80. Australia’s inflation data for the primary quarter is anticipated, with the patron value index set to be launched at 9:30 a.m. HK/SIN.

In company developments, buyers will monitor Hong Kong-listed shares of Alibaba after the Wall Street Journal reported that China is investigating how founder Jack Ma obtained speedy approvals for the corporate’s inventory itemizing final yr.

Major indexes on Wall Street had been muted in a single day stateside. The S&P 500 closed little modified at 4,186.72 whereas the Dow Jones Industrial Average additionally completed its buying and selling day largely flat at 33,984.93. The Nasdaq Composite dipped 0.34% to shut at 14,090.22.


The U.S. dollar index, which tracks the buck in opposition to a basket of its friends, was at 90.909 after seeing ranges under 90.9 earlier within the buying and selling week.

The Japanese yen traded at 108.74 per greenback, having weakened notably from ranges under 108 in opposition to the buck seen earlier within the buying and selling week. The Australian dollar was at $0.7768 after yesterday’s decline from round $0.78.

Here’s a take a look at what’s on faucet:

  • Japan: Retail gross sales for March at 7:50 a.m. HK/SIN
  • Australia: Consumer value index for the primary quarter at 9:30 a.m. HK/SIN


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