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The Asia-Pacific equity markets were mixed on Monday, after broadly seeing gains last week.
Japan (NKY:IND) -1.77%, ending a five-day advance amid profit-taking and as a rallying yen pressured domestic equities. The Japanese yen appreciated past 146 per dollar,hitting its highest levels in nearly two weeks as the dollar weakened on an increasingly dovish outlook on Federal Reserve monetary policy.
Japan’s core machinery orders, which exclude those for ships and electric power companies, rose by 2.1% M/M.
China (SHCOMP) +0.49%.
Hong Kong (HSI) +0.94% up for the third session to a 1-month peak amid gains across all sectors.
Thailand’s GDP grew by 2.3% Y/Y in Q2.
Residential property prices in Indonesia climbed by 1.76% Y/Y.
India (SENSEX) -0.01%
Australia (AS51) +0.12% rising for the seventh straight session to the highest in over two weeks as local stocks continued to recover from the selloff at the start of the month.
The BusinessNZ Performance of Services Index in New Zealand rose to 44.6 in July.
In the U.S., on Friday, all three major indexes ended higher with investors moving past downbeat housing data and locking into recovery mode, delivering the strongest weekly gains so far this year.
U.S. stock futures edged lower on Monday, Dow -0.04%; S&P 500 -0.02%; Nasdaq -0.03%.
Currencies: (JPY:USD), (CNY:USD), (AUD:USD), (INR:USD), (HKD:USD), (NZD:USD).
