Japan stocks set to trade lower; investors watch Chinese yuan following central bank moves
Stocks in Asia-Pacific were mixed in Monday morning trade, as investors watch movements in the Chinese yuan.
In Japan, the Nikkei 225 slipped 0.28% in early trade while the Topix index shed 0.17%. South Korea’s Kospi, on the other hand, rose 0.41% as shares returned to trade following a Friday holiday.
Meanwhile, shares in Australia were little changed, with the S&P/ASX 200 above the flatline.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded about 0.1% higher.
Reference: CNBC
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