Japan's retail sales data for April is expected to be out at around 7:50 a.m. HK/SIN.
Investor focus on Monday will likely be on the upcoming release of Chinese manufacturing activity data for May. The official manufacturing Purchasing Managers' Index for May is expected to be out at 9:00 a.m. HK/SIN on Monday. SINGAPORE — Shares in Asia-Pacific looked set to kick off the final trading day of May in negative territory, as investors look ahead to the release of China's official manufacturing Purchasing Managers' Index for May.
Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 29,065 while its counterpart in Osaka was at 29,030. That compared against theJapan's retail sales data for April is expected to be out at around 7:50 a.m. HK/SIN. Shares in Australia also looked poised to start lower. The SPI futures contract was at 7,181. versus theInvestor focus on Monday will likely be on the upcoming release of Chinese manufacturing activity data for May. The official manufacturing Purchasing Managers' Index for May is expected to be out at 9:00 a.m. HK/SIN on Monday.
Asia goes down, US goes up. To the moon!