Asia-Pacific markets set to trade mixed as investors monitor recession fears

1 month ago

A antheral walks past the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), successful Tokyo, Japan, connected Monday, Nov. 30, 2020.

Toru Hanai | Bloomberg via Getty Images

SINGAPORE — Shares successful the Asia-Pacific are poised to commercialized mixed connected Monday arsenic investors measure ostentation and recession fears.

The Nikkei futures declaration successful Chicago and its counterpart successful Osaka were some astatine 26,830. That compared against the Nikkei 225's past adjacent astatine 26,491.97.

In Australia, SPI futures were astatine 6,573, somewhat little than the S&P/ASX 200's past adjacent astatine 6,578.7.

Russia defaulted connected foreign-currency sovereign indebtedness for the archetypal clip successful much than 100 years, Bloomberg reported. The country's cardinal slope overseas reserves stay frozen.

In institution news, is acceptable to study its first-quarter fiscal results connected Monday successful the U.S. aft the marketplace close.

Later this week, China and Japan volition beryllium reporting Purchasing Managers' Index data, portion Hong Kong volition commemorate the 25th day of its handover. China's President Xi Jinping is expected to sojourn Hong Kong for the occasion, authorities media Xinhua reported implicit the weekend.

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