China’s third quarter GDP, retail sales, oil prices – .

0
14
China’s third quarter GDP, retail sales, oil prices – .


SINGAPORE – Stocks in the Asia-Pacific region traded lower on Monday morning as investors await the release of major Chinese economic data.
The Nikkei 225 in Japan lost 0.18% at the start of the session while the Topix index fell 0.13%. South Korea’s Kospi fell 0.45%.

Australian stocks also fell, with the S & P / ASX 200 falling around 0.1%.

The MSCI’s largest Asia-Pacific stock index outside of Japan traded slightly lower.

Chinese economic data, including the country’s third-quarter gross domestic product and September retail sales, is expected to be released at 10:00 a.m. HK / SIN on Monday.

US crude is close to $ 83 a barrel

Oil prices were higher on the morning of Asian trading hours, with US crude futures gaining 1.05% to $ 83.14 a barrel. International benchmark Brent crude futures rose 0.67% to $ 85.43 per barrel.
Shares of oil companies also rose in trading on Monday, with Australian Beach Energy up 2.77% while Santos climbed 1.09%. In Japan, the share of Inpex jumped 4.05%.

Devises

The US dollar index, which tracks the greenback against a basket of its peers, was at 93.954 after recently weakening above 94.2.
The Japanese yen was trading at 114.28 per dollar, having weakened late last week, falling below 114.1 against the greenback. The Aussie changed hands at $ 0.7423, largely retaining its gains after last week’s climb below $ 0.732.

LEAVE A REPLY

Please enter your comment!
Please enter your name here