Stocks in Asia were set to trade mixed on Thursday as investors await the release of Chinese trade data, amid Washington's protracted trade war with Beijing.
China is expected to release exports, imports and trade balance numbers at 11:00 a.m. HK/SIN. Investors will look for clues about how the ongoing trade fight between the U.S. and China is affecting the world's second-largest economy.
The People's Bank of China's daily fix of the yuan midpoint will also be closely monitored for hints on where the currency could go next. Stocks in Asia were set to trade mixed on Thursday ahead of Chinese trade data, which could shed further light on the impact of Washington's protracted trade war between Washington and Beijing.
Futures pointed to a higher open in Japan. Nikkei futures contracts in Chicago and Osaka both traded around 20,590, compared to the benchmarkStocks in Australia were set to slip. The SPI futures contract was at 6,438.0, lower than theChina is expected to release exports, imports and trade balance numbers at 11:00 a.m. HK/SIN. Investors will look for clues about how the ongoing trade fight between the U.S. and China is affecting the world's second-largest economy.
Beijing and Washington have already placed tariffs on billions of dollars worth of each other's goods. Those developments have roiled markets for more than a year, and there have been signs the rafts of additional tariffs from both sides are having real effects on economies around the world.daily fix of the yuan midpoint will also be closely monitored for hints on where the currency could go next.
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