HSBC third-quarter earnings, China Covid, oil prices
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SINGAPORE — Shares in Japan were set for a lower start on Monday as investors look ahead to more corporate earnings stateside.
Futures indicated a lower open for Japanese stocks. Chicago’s Nikkei futures contract was 28,535 and Osaka’s counterpart was 28,690. Compare that to Nikkei 225’sLast Close at 28804.85.
Australia’s stock markets edged higher Monday morning trading, thanks to the S&P/ASX 200Up to 0.57%
HSBCThe company is expected to announce its third-quarter results on Monday.
Investor sentiment could be affected by the Covid-19 situation, which China has been warning about, as well. Reuters reported Sunday
Currencies
It U.S. dollar indexThe indices that track the greenback against a basket containing its peers were at 93.641 following a bounce below 93.6.
It Japanese yenAfter strengthening against the greenback by more than 114 late last week, it traded at 113.59 dollars. Following its strengthening against the greenback’s late last week, prices rose to 113.59 dollars. Australian dollarChanged hands at $0.7466, a decrease of $0.75 from levels last week.
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