SINGAPORE — Shares in Asia-Pacific were mixed in Thursday morning trade as investors look ahead to the release of economic data in Australia and China.
In Japan, the Nikkei 225 slipped 0.4% in early trade while the Topix index shed 0.32%. South Korea’s Kospi advanced 0.13%.
Meanwhile, the S&P/ASX 200 in Australia hovered above the flatline.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.1% higher.
Australia jobs data for June is expected at 9:30 a.m. HK/SIN on Thursday.
Chinese economic data — including the country’s second quarter GDP print as well as retail sales for June — is set to be out at 10:00 a.m. HK/SIN.
Currencies and oil
The Japanese yen traded at 109.98 per dollar, stronger than levels above 110.4 seen against the greenback earlier in the week. The Australian dollar changed hands at $0.7478 following its bounce yesterday from around $0.744.
Oil prices were lower in the morning of Asia trading hours, with international benchmark Brent crude futures slipping 0.27% to $74.56 per barrel. U.S. crude futures declined 0.4% to $72.84 per barrel.
Here’s a look at what’s on tap:
- Australia: June jobs data at 9:30 a.m. HK/SIN
- China: Second quarter GDP print, retail sales and industrial production data for June at 10:00 a.m. HK/SIN