Asia Pacific stocks set to open mixed as investors await release of China's benchmark lending rate

Futures pointed to a mixed open for Japanese stocks while shares in Australia were set to trade lower.

The monthly fixing of China's loan prime rate is set to be released at around 9:30 a.m. HK/SIN on Wednesday, with little expectation for the benchmark lending rate to change, according to a Reuters survey of traders and analysts. Investors will watch for market reaction to a STAT News report released overnight that raised concerns about the trial results for a potential coronavirus vaccine from Moderna.

Stocks in Asia Pacific were set to open mixed on Wednesday as investors await the release of China's benchmark lending rate. Futures pointed to a mixed open for Japanese stocks. The Nikkei futures contract in Chicago was at 20,450 while its counterpart in Osaka was at 20,390. That compared against theMeanwhile, shares in Australia were set to decline. The SPI futures contract was at 5,491, as compared to theThe monthly fixing of China's loan prime rate is set to be released at around 9:30 a.m.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Companies in Asia Pacific are having a really hard time getting paid, survey showsA large proportion of companies in the Asia Pacific have been facing issues of unpaid receivables and delayed payments over the last three years, an industry survey found. it is helpful How much of this has to do with Asian culture?
Source: CNBC - 🏆 12. / 72 Read more »

Asia stocks may not rise much further as fundamentals remain weak, Credit Suisse saysStocks rallied from earlier lows, driven partly by unprecedented policy stimulus from central banks around the world, Suresh Tantia, a senior investment strategist at the bank, told CNBC. 1Voice has donors who've recovered from covid_19 Reply if you can donate or need. Include BeTheCure 1Voice & RT Copy to your own. We will RT. StormMela dwaynecobb mcdirk HMeemaw Peter_S_Becks1 freddyvandam300 AzizianRahim This is why I love to invest into America! We have very strong fundamentals and can sustain through the coronavirus! Asia is well on it’s way though! Why not? When the FED print money for America corporates...these companies can use these monies to buy up the rest of the world...MAGA again...😷
Source: CNBC - 🏆 12. / 72 Read more »