Asia-Pacific stocks set to dip; China's retail sales, industrial production data for August ahead

1 week ago

SINGAPORE — Shares successful Asia-Pacific looked poised for opening declines pursuing losses overnight connected Wall Street.

Futures pointed to a little unfastened for Japanese stocks. The Nikkei futures declaration successful Chicago was astatine 30,230 portion its counterpart successful Osaka was astatine 30,160. That compared against the Nikkei 225's past adjacent astatine 30,670.10.

Australian stocks besides looked acceptable for a little open, with the SPI futures declaration astatine 7,391.0, against the S&P/ASX 200's past adjacent astatine 7,437.30.

Chinese economical data, including retail income and concern accumulation for August, is acceptable to beryllium released astatine 10:00 a.m. HK/SIN connected Wednesday.

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Overnight connected Wall Street, the Dow Jones Industrial Average dropped 292.06 points to 34,577.57 portion the S&P 500 declined 0.57% to 4,443.05. The Nasdaq Composite shed 0.45% to 15,037.76. The losses stateside came contempt an ostentation speechmaking for August that was weaker than expected.


The U.S. dollar index, which tracks the greenback against a handbasket of its peers, was astatine 92.623 pursuing its caller diminution from levels supra 92.7.

The Japanese yen traded astatine 109.72 per dollar, having strengthened yesterday from astir 110.1 against the greenback. The Australian dollar changed hands astatine $0.7314, inactive struggling to retrieve aft past week's diminution from supra $0.74.