Asia Pacific stocks mixed ahead of July economic data releases; Korean Air Lines soars on surprise profit

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Asia Pacific stocks set to trade mixed ahead of July economic data releases

The Reserve Bank of Australia is set to release its statement on monetary policy at around 9:30 a.m. HK/SIN.

China's trade figures for July are set to be out at around 11:00 a.m. HK/SIN. Investors will watch the data for clues to the state of China's export sector as it looks to recover from the economic hit of the coronavirus pandemic. Later on Friday morning stateside, the U.S. jobs report for July is expected to be out at 8:30 a.m. ET. Economists forecast 1.48 million jobs were gained in July, down sharply from the 4.8 million in June, according to Dow Jones.

Stocks in Asia Pacific traded mixed Friday morning as investors await several economic data releases for July.

 

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