Nikada
Japan -0.51%. Bank of Japan Governor Kazuo Ueda said over the weekend that the central bank could end its negative interest rate policy when the 2% inflation target is sustainability achieved. He added that the BOJ could have enough data by the end of the year to determine whether it can proceed with policy changes.
China +0.97%. China August inflation: CPI 0.1% Y/Y (vs. expected 0.2%) & PPI -3.0% Y/Y (expected -3.0%).
China August M2 money supply +10.6% vs +10.7% Y/Y expected.
On Sunday, China’s financial regulator reduced the risk weighting it attaches to insurance companies’ holdings of blue-chip and tech stocks.
Hong Kong -0.93%. Trading resumed following a closure on Friday due to bad weather.
India +0.56%.
Australia +0.35%.
Industrial production in Malaysia rose 0.7% Y/Y in July, recovering from a 2.2% fall in the previous month and coming above market expectations of a 0.2% growth.
Retail trade in Malaysia rose 5.5% Y/Y in July, easing slightly from a 5.8% growth in the previous month.
Retail sales in Indonesia rose by 1.6% Y/Y in July, slowing sharply from the steepest increase in over a year of 7.9% in June while pointing to the second straight month of growth.
In the U.S. on Friday, all three major indexes ended higher, as investors looked forward to the August inflation report this week that will provide further clues on the U.S. interest rate trajectory. The tech-heavy Nasdaq Composite finished +0.09%.
At the same time, the benchmark S&P 500 concluded Friday’s session by +0.14%, while the blue-chip Dow ended +0.22%.
Oil prices eased in early Asian trade on Monday as economic concerns in China weighed on fuel demand outlook, but supply cuts kept Brent above $90/bbl.
Brent crude fell 49 cents, or 0.5%, to $90.16 a barrel by 0022 GMT while U.S. West Texas Intermediate crude was at $86.77 a barrel, down 74 cents, or 0.9%.
Spot gold gained 0.3% to $1,922.89 per ounce by 0313 GMT, having lost 1% in the previous week. U.S. gold futures rose 0.2% to $1,946.30.
Elsewhere, spot silver climbed 0.5% to $23.02 per ounce, platinum was up 0.4% at $896.16 after a 7% decline last week, and palladium edged 0.5% higher to $1,203.68.
Currencies: (Japanese Yen / US Dollar (JPY:USD)), (Chinese Yuan / US Dollar (CNY:USD)), (Australian Dollar / US Dollar (AUD:USD)), (Indian Rupee / US Dollar (INR:USD)), (Hong Kong Dollar / US Dollar (HKD:USD)), (New Zealand Dollar / US Dollar (NZD:USD)).
U.S. stock futures held steady on Monday as investors look ahead to key inflation data this week that could influence the path for US monetary policy: Dow +0.18%; S&P 500 +0.28%; Nasdaq +0.43%.
ETFs: (JEQ), (EWJ), (DXJ), (FXY), (FXI), (KWEB), (CQQQ), (MCHI), (ASHR), (YINN), (TDF), (CHIQ), (GXC), (EWH), (KBA), (YANG), (CXSE), (CAF), (CWEB), (PGJ), (KURE), (CHIX), (CYB).
