Asia Pacific stocks set for mixed open; China says its May factory activity expanded

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Stocks in Asia Pacific were set to kick off the trading week in mixed territory as a Chinese data release over the weekend showed the country's factory activity expanding in May.

Futures pointed to a mixed open for Japanese stocks. The Nikkei futures contract in Chicago was at 21,825 while its counterpart in Osaka was at 22,000.

Looking ahead to Monday, a private survey of China's manufacturing activity is expected to be released at 9:45 a.m. HK/SIN, when the Caixin/Markit manufacturing PMI is set to be out., which tracks the greenback against a basket of its peers, was at 98.217 after declining from levels above 99.6 last week.

 

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They were expecting an expansion.. at 51... and it came in at 50.6.... and they are screaming that that’s why Asia is up!!!? Lol. Mrkts are like the rest of the country.. f’ed up! Lol

Fuck China

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