SINGAPORE – Asia-Pacific markets were mixed on Monday ahead of decisions by the central banks of Australia and Malaysia this week.
Nikkei 225 Japan gained 0.6%, while the Topix index climbed 0.85%.
over in australia, S&P/ASX 200 Advanced 0.45%.
However, South Korea’s kospi 0.66% and Kosdaq fell 0.39%.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.11%.
Elsewhere in the region, exchange-traded funds will be included in the Stock Connect scheme that links Hong Kong and mainland China starting Monday.
In company news, Chinese property developer Shimao defaulted on payment of interest and principal of $1 billion offshore bonds. Other real estate companies have also Missed interest payments or defaulted on your loan.
The US market is closed on Monday for a holiday.
Looking ahead, the results of a private survey on China’s services activity are due later this week along with South Korean inflation data and several central bank decisions.
Last week, on the first day of the second half of the year, European shares closed mixed whereas Rally took place in market states. The first half of 2022 was marked by concerns over inflation, rising interest rates and a slowdown.
currencies and oil
US Dollar IndexThe greenback, who tracks against a basket of his teammates, was at 105.073.
Japanese yen Traded at 135.04 per dollar, having strengthened from a weak level of 137 per dollar last week. Australian Dollar It was at $0.6815 after a recent recovery below $0.679.
Oil futures fell in early morning trade in Asia. US crude futures $ 108.25 per barrel, down 0.17%, while crude oil Futures slipped 0.25% to $111.35.