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Asia Pacific stocks set to trade mixed; China's August manufacturing activity data ahead

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China's official manufacturing Purchasing Managers' Index for August is set to be released at around 9:00 a.m. HK/SIN on Monday.

Developments in Japanese politics will be watched by investors on Monday, as the search for the country's new prime minister continues after longstanding incumbent Shinzo Abe announced a surprise resignation on Friday due to health worries.

The situation surrounding the ongoing coronavirus pandemic will also likely be monitored, with data from Johns Hopkins University showing the number of reported Covid-19 cases worldwide surpassing 25 million.number of reported Covid-19 cases globally crosses the 25 million markFutures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 23,110 while its counterpart in Osaka was at 22,940.

 

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