Asia-Pacific stocks set for mixed start; Meituan earnings ahead

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Investors will look ahead to the release of earnings from Chinese food delivery giant Meituan.

U.S. Federal Reserve Chairman Jerome Powell indicated Friday that the central bank is likely to begin tapering before the end of the year, though there is still "much ground to cover" before rate hikes.

SINGAPORE — Shares in Asia-Pacific were set for a mixed start on Monday as investors look ahead to the release of Chinese food delivery giantFutures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 27,880 while its counterpart in Osaka was at 27,860. That compared against theShares in Australia, meanwhile, looked set to dip. The SPI futures contract was at 7,441.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

nice

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

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.

Using alternative data to get a read on Zoom’s stock ahead of earningsNew for subscribers: Using alternative data to get a read on Zoom’s stock ahead of earnings. Check out CNBCPro today. Pro
Source: CNBC - 🏆 12. / 72 Read more »

Wall St Week Ahead A blazing U.S. stock rally faces market's toughest monthA rally in which U.S. stocks have doubled from post-pandemic lows is about to enter the year’s worst month for equities, as investors focus on a nationwide COVID-19 resurgence and how quickly the Federal Reserve plans to pull back on its easy money policies.
Source: Reuters - 🏆 2. / 97 Read more »