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Russia-Ukraine disaster, China’s benchmark lending price

SINGAPORE — Shares in Japan seemed set for a decrease open on Monday, as buyers in Asia-Pacific proceed to look at the state of affairs surrounding Ukraine.

The Nikkei futures contract in Chicago was at 26,775 whereas its counterpart in Osaka was at 26,840. That in contrast towards the Nikkei 225’s final shut at 27,122.07.

Australia’s S&P/ASX 200 slipped 0.55% in morning commerce.

Fears of a possible Russian invasion of Ukraine are more likely to proceed weighing on investor sentiment. U.S. President Joe Biden abruptly cancelled plans on Sunday to go dwelling to Delaware following a prime stage assembly on the Ukraine disaster.

Trying forward, China is about to announce its newest benchmark lending price on Monday, with the newest one-year mortgage prime price (LPR) anticipated to be out at 9:15 a.m. HK/SIN. All 24 monetary establishments a snap Reuters ballot predicted no change within the one-year LPR.

Inventory picks and investing developments from CNBC Professional:

Markets within the U.S. are closed on Monday for a vacation.

Currencies

The U.S. greenback index, which tracks the buck towards a basket of its friends, was at 96.088 following its latest climb from under 96.

The Japanese yen traded at 114.89 per greenback after strengthening to round 114.8 towards the buck late final week. The Australian greenback was at $0.7168 following a decline from above $0.72 late final week.

Written by News Desk

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