Fast Asia Open: Australia retail sales, Taiwan forex reserves

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It’s that classic question of investigative journalism: what didn’t the president know, and when didn’t he know it?

Donald Trump’s unsubstantiated claim that he had been wiretapped by Barack Obama before the election was rejected on Sunday by James Clapper, former director of National Intelligence, who said there was no wiretap of Mr Trump or his campaign that he was aware of while in office, and that there had been no court order for one to be imposed.

Wall Street closed Friday with major indices showing a few signs of discomfort at the prospect of a march move by the US Federal Reserve. In Asia Pacific equities, futures tip Australia’s S&P/ASX 200 to open 0.4 per cent lower, while in Tokyo the Topix index is expected to open flat and Hong Kong’s Hang Seng Index is set to open up 0.4 per cent.

Company earnings reports out today include China Lesso Group and Pigeon Corp.

The economic calendar for Monday is nobody’s fool (all times Hong Kong):

  • 08.30: Australia retail sales
  • 11.00: Taiwan foreign exchange reserves
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