SINGAPORE – Futures in the Asia-Pacific region were set for a mixed open on Monday ahead of the release of a separate survey of Chinese factory activity in July.
Over the weekend, China’s official purchasing managers index for July stood at 49, down from 50.2 in June and below the 50.4 expected.
Nikkei futures in Chicago are at 27,915 while its counterpart in Osaka is at 27,940. That compared to Nikkei 225’s last close at 27,801.64.
In Australia, SPI futures are at 6,906, higher/lower S&P / ASX 200Last close at 6,945.2.
China’s Caixin/Markit Purchasing Managers’ Index for July is expected to come in at 51.5, versus 51.7 in June.
PMI readings are sequential and represent a monthly expansion or contraction. The 50 mark separates growth from decline.
On Friday in the US, Alibaba was added to the list of companies at risk of being delisted under the Foreign Companies Accountability Act. US-listed shares fell 11% in normal trading.
HSBC Bank will announce interim earnings on Monday.
Currency
The US Dollar Indextrack the greenback against a basket of other currencies, at 105.974, lower than last week’s level.
The Japanese yen was trading at 133.50 per dollar, stronger than the levels seen early last week. The Australian dollar is $0.6971.
