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Asia stocks set to open little changed as investors await Australia's GDP data

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Asia stocks were set to open little changed on Wednesday as data released overnight showed U.S. factory activity in August contracting for the first time since early 2016.

Investors will watch for the release of Australia's gross domestic product figures for the second quarter, set to be out around 9:30 a.m. HK/SIN.

A private survey on China's services sector is also set to be released on Tuesday, with the Caixin Services Purchasing Managers' Index expected around 9:45 a.m. HK/SIN. Futures pointed to a muted open for Japanese shares, with the Nikkei futures contract in Chicago at 20,630 and its counterpart in Osaka at 20,620. TheStocks in Australia were set to dip, with the SPI futures contract at 6,515.0, as compared to theInvestors will watch for the release of Australia's gross domestic product figures for the second quarter, set to be out around 9:30 a.m. HK/SIN.

 

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