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China’s May commerce data ahead

SINGAPORE — Shares in Asia-Pacific appeared set for a optimistic start to kick off a model new shopping for and promoting week.

Futures pointed to a greater open for Japanese shares. The Nikkei futures contract in Chicago was at 29,200 whereas its counterpart in Osaka was at 29,140. That in distinction in opposition to the Nikkei 225’s last shut at 28,941.52.

Australian shares moreover appeared set for a optimistic start. The SPI futures contract sat at 7,300, in opposition to the S&P/ASX 200’s last shut at 7,295.40.

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

In several developments, finance ministers from the Group of Seven over the weekend backed a U.S. proposal that requires firms globally to pay a minimal of 15% tax on earnings.

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


The U.S. dollar index, which tracks the greenback in opposition to a basket of its associates, was at 90.159 following a present decline from above 90.4.

The Japanese yen traded at 109.58 per dollar, after strengthening late last week from above 110.1 in opposition to the greenback. The Australian dollar modified palms at $0.7739, after climbing from ranges beneath $0.768 late last week.

It is a take a look at what’s on faucet:

  • China: Commerce data for May at 11:00 a.m. HK/SIN

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