Equity indices in the Asia-Pacific region began the week on a mixed note.
Japan’s Nikkei: -0.1%,
Hong Kong’s Hang Seng: +1.1%,
China’s Shanghai Composite: -0.1%,
India’s Sensex: +0.7%,
South Korea’s Kospi: -0.5%,
Australia’s ASX All Ordinaries: -0.1%.
Apple supplier Taiwan’s Hon Hai reported record sales for Q2 and issued strong guidance.
Japan
Japanese debt faced some pressure ahead of tomorrow’s 30-yr JGB auction.
South Korea
Samsung will report its preliminary Q2 results tomorrow.
South Korea launched 24-hour currency trading
President Lee said that a committee to enhance chip competitiveness will begin operating in August.
China
China has begun cracking down on safety violations in mining and chemical production.
Hong Kong
June Manufacturing PMI 52.0 (last 50.4)
Australia
June MI Inflation Gauge -0.4% m/m (last -0.3%).
June ANZ Commodity Price Index -1.0% m/m (last 0.7%)
June ANZ Job Advertisements -0.2% m/m (last 2.0%)
Singapore
May Retail Sales -2.3% m/m (last 0.4%); 3.0% yr/yr (last 5.4%)