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Asia markets set for mixed open as investors await China’s trade figures for April

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A general view of the container terminal in Qianwan of Qingdao Port, a port in Shandong Province, China, March 17, 2023. 

CFOTO | Future Publishing | Getty Images

Asia-Pacific markets are set for a mixed open ahead of China’s April trade data. Investors are also looking ahead to U.S. inflation numbers later this week.

China is projected to record a trade surplus of $74.3 billion, lower than the $88.2 billion in March.

In Australia, the S&P/ASX 200 is set for a lower open, with futures tied to the index at 7,263 compared with its last close of 7,276.5.

In Japan, the Nikkei futures contract in Chicago was at 29,045, while its counterpart in Osaka was at 29,040 against the Nikkei 225’s last close at 28,949.

Futures for Hong Kong’s Hang Seng index stood at 20,222, signaling a lower open compared with its last close of 20,297.03.

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