SINGAPORE — Shares in Japan were poised for a lower start on Monday, with China set to announce its latest benchmark lending rate later in the day.

Chicago had a Nikkei futures market at 28365 and Osaka at 28450. This is compared to the Nikkei 225’sLast close: 28.545.68

Australian stocks fell in morning trading, as the S&P/ASX 200It is down by 0.3%

China will announce the latest 1-year prime rate for its loan at 9:30 AM HK/SIN Monday. A Reuters poll revealed that traders and economists dominated the survey. expect cuts to the loan prime rate.

The U.S. dollar indexThe metric, which compares the greenback to a basket containing its peers, reached 96.649, after having recently climbed from below 95.

The Japanese yenThe dollar traded at 113.61 dollars, higher than the levels of 114 last week. The Australian dollarIt stood at $0.7112, a significant drop from the levels of $0.72 last week.