SINGAPORE — Shares in Japan looked set for a lower start on Monday, as investors continue monitoring developments around the Russia-Ukraine war and the Covid wave in China.

Chicago’s Nikkei futures contract was 25,090, while Osaka’s counterpart was 24,910. This is compared to the Nikkei 225’sLast close: 25,162.78

Australia is home to the S&P/ASX 200In morning trade, the stock rose 1.18%

Conflict between Russia and Ukraine continues, disrupting shipping and air freightInvestor sentiment is expected to remain weighed on by. Markets will monitor other factors. recent wave of Covid infections in China — including the major city of Shenzhen.

The U.S. Federal ReserveThe announcement of a rate increase later in the week is highly anticipated. It will be the first such move since 2018

Asia is the home of Bank of JapanThe Bank of England is expected to make its decision on monetary policy later this week.

It U.S. dollar indexThe indices that track the greenback against its peers were at 99.034 following a recent rebound below 98.

It Japanese yenAfter last week’s weakness against the greenback, it traded at 117.56 dollars. After last week’s weakness against the greenback, it traded at 117.56 dollars. Australian dollarIt was 0.7296, down from $0.732 in the last week.