Asia Pacific stocks set to trade mixed; private survey of Chinese manufacturing activity ahead

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Investors on Wednesday will await the release of a private survey of Chinese manufacturing activity in June, with the Caixin/Markit Manufacturing Purchasing Manager's Index (PMI) expected to be out around 9:45 a.m. HK/SIN.

The Bank of Japan's quarterly Tankan survey is also set to be out at around 7:50 a.m. HK/SIN on Wednesday.Stocks in Asia Pacific were set to trade mixed at the open on Wednesday as the second half of 2020 kicks off.

Futures pointed to higher open for stocks in Japan, with the Nikkei futures contract in Chicago at 22,385 while its counterpart in Osaka was at 22,310. That compared against theOver in Australia, shares were set to dip. The SPI futures contract was at 5,885, as compared to the TheThe Bank of Japan's quarterly Tankan survey is also set to be out at around 7:50 a.m. HK/SIN on Wednesday.

 

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