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The sunset glow is seen over buildings and a ferris wheel on May 13, 2022 in Beijing, China.
Vcg | Visual China Group | Getty Images
Asia-Pacific markets largely fell as investors look ahead to China’s inflation figures and trade balance later this week.
China will release its trade balance for Tuesday and inflation data on Wednesday, which will give clues to the country’s recovery trajectory.
On Monday, Thailand releases its inflation data for July and Indonesia reports its second quarter growth data.
Japan’s Nikkei 225 inched down 0.11%, but the Topix was up 0.19%. Japan’s central bank will release its summary of opinions for its July 28 meeting, where it adjusted its stance on its yield curve control policy.
In Australia, the S&P/ASX 200 slid 0.26%, while South Korea’s Kospi was up marginally. The Kosdaq, however, slumped 1.56%.
Hong Kong’s Hang Seng index fell marginally, while mainland Chinese markets were also all in negative territory. The Shanghai Composite lost 0.73%, while the Shenzhen Component was 0.53% down.
On Friday in the U.S., the S&P 500 and Nasdaq Composite slumped for a fourth straight session, and notched their worst weeks since March, as traders seemed to book profits following the latest corporate earnings releases and U.S. jobs data.
The S&P 500 shed 0.53%, the Nasdaq Composite dipped 0.36%, and the Dow Jones Industrial Average lost or 0.43%.
— CNBC’s Samantha Subin and Alex Harring contributed to this report
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