Asia markets poised to open mixed as investors await China LPR, Japan inflation data this week

Asia markets poised to open mixed as investors await China LPR, Japan inflation data this week


View of the central business district skyline at sunset in Beijing, China.

Sheng Peng | Visual China Group | Getty Images

Asia-Pacific stocks were set to open mixed Monday as markets kickstart what ING calls a “quiet” week for economic data from the region.

Key data this week from the region will include China’s loan prime rate announcement, set for Wednesday.

ING said no change is expected in China’s LPR, with the one-year rate currently at 3.1% and the five-year LPR at 3.6%.

Japan will release trade data on Tuesday and October headline inflation numbers on Friday, while Australia’s central bank on Tuesday will release minutes of its meeting earlier this month..

Japan’s benchmark Nikkei 225 was set to fall, with the futures contract in Chicago at 38,170 and its counterpart in Osaka at 38,040 against the index’s last close of 38,642.91.

Australia’s S&P/ASX 200 started the day down 0.45%.

Futures for Hong Kong’s Hang Seng index stood at 19,458, pointing to a stronger open compared to the HSI’s close of 19,426.34.



Source

Oil exporters scramble for routes beyond Hormuz — but options are constrained
World

Oil exporters scramble for routes beyond Hormuz — but options are constrained

Maps4Media processed and enhanced Sentinal-2 satellite imagery shows a broad view of the Strait of Hormuz between southern Iran and Oman’s Musandam Peninsula, including surrounding islands, coastal terrain, and turquoise shallow-water zones at the entrance to the Persian Gulf. Maps4media | Getty Images News | Getty Images Middle Eastern oil and gas producers are still […]

Read More
Anthropic looks to hire six-figure role for negotiating data center deals to fuel Europe AI expansion
World

Anthropic looks to hire six-figure role for negotiating data center deals to fuel Europe AI expansion

Anthropic is ramping up a push to secure European data center deals to power its AI models, as it looks to hire a role for negotiating compute capacity in the region. U.S. hyperscalers’ AI infrastructure expenditure is set to top $600 billion in 2026. Anthropic is looking to capitalize on the boom and has announced […]

Read More
‘We are facing the biggest energy security threat in history,’ IEA chief tells CNBC
World

‘We are facing the biggest energy security threat in history,’ IEA chief tells CNBC

“We are facing the biggest energy security threat in history,” Fatih Birol, the head of the International Energy Agency (IEA), told CNBC Thursday. “As of today, we’ve lost 13 million barrels per day of oil … and there are major disruptions in vital commodities,” he told Steve Sedgwick virtually at CNBC’s CONVERGE LIVE in Singapore. Birol […]

Read More