12 C
London
Saturday, July 2, 2022
HomeBusinessChina's May trade data ahead

China’s May trade data ahead

Date:

Related stories

Rural livelihoods: Demand for MG-NREGS jobs still elevated

The demand for jobs under the Mahatma Gandhi...

Bitcoin (BTC) posts worst quarter in more than a decade: 5 reasons why

1. Macroeconomic pressureDuring the quarter, the U.S. Federal...

Feature Story Rise Integrated Expands into Podcast Space

Rise Integrated Expanding Its Content Marketing Service Into Podcast...


SINGAPORE — Shares in Asia-Pacific looked set for a positive start to kick off a new trading week.

Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 29,200 while its counterpart in Osaka was at 29,140. That compared against the Nikkei 225’s last close at 28,941.52.

Australian stocks also looked set for a positive start. The SPI futures contract sat at 7,300, against the S&P/ASX 200’s last close at 7,295.40.

Looking ahead, China’s trade data for May is expected to be out at 11:00 a.m. HK/SIN on Monday.

In other developments, finance ministers from the Group of Seven over the weekend backed a U.S. proposal that calls for firms globally to pay at least 15% tax on earnings.

Markets in Malaysia and New Zealand are closed on Monday for holidays.

Currencies



Source link

Latest stories