China’s third quarter GDP, retail sales, oil prices
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SINGAPORE — Stocks in Asia-Pacific traded lower Monday morning as investors look ahead to the release of key Chinese economic data.
The Nikkei 225Japan lost 0.18% during early trade, while Topix declined by 0.13%. South Korea Kospi fell 0.45%.
Australia’s shares fell as well, due to the S&P/ASX 200Around 0.1%
The MSCI’s Asia-Pacific share index outside Japan was marginally lower.
Chinese economic data will be available at 10:00 a.m. HK/SIN Monday.
Oil prices in the United States reach $83 per barrel
The morning Asia-Pacific trading hours saw oil prices rise with U.S. crude futuresGaining 1.05% up to $83.14 per barrel International benchmark Brent crude futuresBarrel price rose 0.7% to $85.43
Oil companies shares also rose in Monday trade. Beach EnergyUp to 2.77% SantosThe increase was 1.09% Japan Inpex’sStocks rose by 4.05%
Currencies
The U.S. dollar indexAfter a decline from 94.2 to 93.954,, which measures the greenback’s value against a basket that its peers, stood at 93.954
The Japanese yenThe dollar traded at 114.28 dollars after falling to below 114.1 last week. The Australian dollarChanged hands at $0.7423. This is largely due to the fact that gains were held on top of last week’s rise from $0.732 and below.
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