Asia-Pacific markets are mixed as investors look toward inflation data from across the region this week.
Singapore and Australia are expected to report inflation figures for August this week, while Japan will release inflation data for the Tokyo region. The capital region’s inflation data is seen as a leading indicator of nationwide trends.
In Australia, the S&P/ASX 200 rose 0.11%, reversing earlier losses and ending at 7,076.5.
Japan’s Nikkei 225 climbed 0.85% and the Topix was up 0.39%, rebounding from losses last week and closing at 32,678.62 and 2,385.5 respectively.
South Korea’s Kospi slid 0.49%, closing at 2,495.76 and the Kosdaq tumbled 2.12%, finishing at 839.17 and marking a seven-day losing streak.
Hong Kong’s Hang Seng index slipped 1.65% in its final hour of trade, with mainland Chinese markets also in negative territory. The benchmark CSI 300 was down 0.65% and ended at 3,714.6.
On Friday in the U.S., all three major indexes notched a fourth straight day of losses as investors continued to grapple with signals from the Federal Reserve that it intended to keep interest rates higher for longer, with the S&P 500 and the Nasdaq Composite notching their worst weeks since March.
The Dow Jones Industrial Average slid 0.31%, while the S&P 500 shed 0.23% and the Nasdaq Composite slipped 0.09%.
— CNBC