Asia-Pacific stocks mixed as investors look ahead to HSBC earnings
Information about Asia-Pacific stocks mixed as investors look ahead to HSBC earnings
SINGAPORE — Shares in Asia-Pacific traded mixed on Monday as investors look ahead to the release of quarterly earnings by HSBC.
Stocks in Australia edged higher in Monday morning trade, with the S&P/ASX 200 up 0.13%.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.08% lower.
HSBC is set to release its third-quarter earnings on Monday.
Meanwhile, the Covid-19 situation in China could weigh on investor sentiment after an official warned that the outbreak could spread further, Reuters reported Sunday.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 93.676 after a recent bounce from below 93.6.
The Japanese yen traded at 113.63 per dollar following its strengthening from above 114 against the greenback late last week. The Australian dollar changed hands at $0.7467, off levels above $0.75 seen in the previous trading week.