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

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.

nice

Canada Canada Latest News, Canada Canada 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 »