Japan stocks set tor mixed open as coronavirus cases in the West surge; oil prices drop

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International benchmark Brent crude futures fell 1.68% to $41.07 per barrel, as of 7:27 a.m. HK/SIN. U.S. crude futures also declined 1.73% to $39.16 per barrel.

Investor focus on Monday will likely be on the deteriorating coronavirus situation in the West, with the U.S. recently reporting a record-breaking number of new virus cases.

Developments out of China are also set to be watched, as the country's top leaders meet this week to plan for the next five years.cases surge in the U.S. as well in countries across Europe. Futures pointed to a mixed open for Japanese stocks. The Nikkei futures contract in Chicago was at 23,515 while its counterpart in Osaka was at 23,560. That compared against the

 

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