Futures tipped a marginally higher open for Japanese equities. Nikkei futures traded in Chicago and Osaka were both up 0.05 percent at 19,970 compared to the benchmark index’s last close of 19,959.84.
Australian SPI futures were off 0.79 percent at 5,658 against the S&P/ASX 200’s Friday close of 5,702.818.
Stocks closed mixed on Wall Street Friday as markets saw a fall in Amazon.com stock after the company missed on earnings. The S&P 500 edged down 0.13 percent, or 3.32 points, to close at 2,742.10 and the Nasdaq slid 0.12 percent, or 7.51 points, to end at 6,374.68. The Dow Jones industrial average bucked the trend to rise 0.15 percent, or 33.76 points, finishing the session at 21,830.31.
In corporate news, Japan’s Panasonic, Mizuho Financial Group and Japan Airlines, as well as Hong Kong’s HSBC are expected to report earnings.
Ahead, the economic calendar is fairly eventful, with many investors watching monthly PMI data out of China (all time in HK/SIN):
- 7:50 a.m. Japan June industrial production
- 9:00 a.m. China July official manufacturing and services PMI
- 10:00 a.m. Singapore June bank lending
- 11:30 a.m. Thailand June industrial production