Asia-Pacific stocks lower as investors await China's factory activity data for May

3 yıl önce

SINGAPORE â Shares in Asia-Pacific were lower in Tuesday morning trade as investors await the release of official Chinese factory activity data for May.

The Nikkei 225 in Japan dipped 0.2% while the Topix index declined 0.22%. Over in South Korea, the Kospi shed 0.53%.

Australian stocks were lower as the S&P/ASX 200 fell 0.39%.

MSCI's broadest index of Asia-Pacific shares outside Japan traded 0.19% lower.

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China's official manufacturing Purchasing Managers' Index for May is set to be released at 9:30 a.m. HK/SIN on Tuesday, as investors look for clues on the economic impact of Covid-related lockdowns on the mainland.

Markets in the U.S. were closed on Monday for a holiday.

Currencies

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 101.562 â still off levels above 102 seen last week.

The Japanese yen traded at 128.16 per dollar following yesterday's weakening from levels below 127.2 against the greenback. The Australian dollar was at $0.7179, continuing to move higher after climbing from levels below $0.71 last week.