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Japanese equities markets don’t look terribly chuffed about the outlook, with futures tipping Tokyo’s broad Topix index to open down 0.1 per cent and the Nikkei 225 index to shed 0.2 per cent as the morning session starts, while in Hong Kong the Hang Seng index is expected to climb by the same amount when trading begins. Australia’s S&P/ASX 200 index is up 0.1 per cent in early trading.
The yen is currently 0.4 per cent weaker against the dollar at ¥113.66, while the Australian dollar is virtually flat at $0.7661 against its American counterpart, as is the pound at $1.2488.
Corporate earnings reports out today include Kirin (14.00), Rakuten (14.00), Nikon (14.00) and Suntory Beverage & Food (14.00).
The economic calendar for Monday is light and understandably Japan-focused (all times Hong Kong):
- 07.50: Japan Q4 GDP
- 20.00: India consumer inflation