Japan stocks set to slip at the open; China to release benchmark lending rate

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China's one-year Loan Prime Rate (LPR) and five-year LPR are due to be released at around 9:30 a.m. HK/SIN on Monday.

China's one-year Loan Prime Rate and five-year LPR are set to be released at around 9:30 a.m. HK/SIN on Monday. Most traders and analysts in a snap Reuters poll expect both the rates to remain unchanged at 3.85% and 4.65%, respectively.

Investors will watch the Turkish lira on Monday after the country's central bank saw yet another upheaval, with President Tayyip Erdogan abruptly replacing its chief just days after a sharp interest rate hike. SINGAPORE — Stocks in Japan were set to open lower on Monday as investors in Asia-Pacific wait for the release of China's benchmark lending rate.

Futures pointed to a lower open for Japanese stocks, with the Nikkei futures contract in Chicago at 29,280 while its counterpart in Osaka was at 29,330. That compared against the

 

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