SINGAPORE – Shares in the Asia-Pacific region fell on Monday before that Important week in the United States
The Nikkei 225 In Japan it fell 0.84% and Topix lost 0.72%.
in south korea, Cosby Partially down, while the KOSDAQ Index is down 0.75%.
Australia S & P / ASX 200 Hover around the flat line.
The Hang Seng Index In Hong Kong, it was down 0.37%, and Hang Seng Tech lost about 1%.
Financial Times It reported that China plans to sort Chinese companies listed in the US into three groups depending on the sensitivity of the data the companies hold to prevent delisting.
MSCI’s broadest index of Asia Pacific shares outside Japan was slightly negative.
Inflation data in Singapore is due to be released on Monday. Economists polled by Reuters expect the core CPI for June to rise 4.2% from a year ago. Prices rose 3.6% in May.
during the Weekend, The World Health Organization has declared monkeypox a global health emergency. The organization’s emergency committee was unable to reach a consensus, but WHO chief Tedros Adhanom Ghebreyesus made the decision to issue a red alert, though he said it was unlikely to disrupt global trade or travel for the time being.
Later this week, all eyes will be on the Federal Reserve’s interest rate decision and US Q2 GDP data release.
Expectations for a 75 basis point movement in July were 78.7%, according to CME’s FedWatch Tool.
“With focus on the US FOMC meeting, Asian assets are likely to trade mixed in the first part of the week with stagflation risks remaining on top,” Venkateswaran Lavanya, an economist at Mizuho Bank, wrote in a note Monday. .
In the Asia-Pacific region, advance estimates of South Korea’s gross domestic product will be released on Tuesday and Australia will release inflation data on Wednesday.
The US dollar indexwhich measures the US currency against a basket of other currencies, was at 106,823.
CNBC’s Patti Doom and Spencer Kimball contributed to this report.