Investors in Asia will also look toward Japan’s revised second-quarter GDP and China’s August inflation data.
Traders in Asia will look toward Japan's revised GDP data for the second quarter. Economists polled by Reuters expect Japan's economy to grow by 0.8% compared to the previous quarter and 3.2% on an annualized basis.Asia-Pacific markets are set to open lower on Monday, tracking losses on Wall Street after a weaker-than-expected U.S. jobs report.
U.S. nonfarm payrolls rose by 142,000 missing a 161,000 gain estimated by economists polled by Dow Jones. On the other hand, the unemployment rate edged down to 4.2%, in line with expectations.Traders in Asia will also look toward Japan's revised GDP figure for the second quarter and China's consumer price index report coming Monday. Economists polled by Reuters expect Japan's economy to grow by 0.8% compared to the previous quarter and 3.2% on an annualized basis.
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