Asian stocks will likely start the week in a mixed fashion as traders assess the sustainability of last week’s relief rally ahead of a slew of Chinese economic figures. Futures pointed to a marginally higher open for equities in Sydney, while Hong Kong shares indicated a slightly lower start. Japan is shut for a public holiday. Friday’s gain in U.S. stocks pushed the S&P 500 back above 2,800 as a pause in trade tensions outweighed a mixed start to earnings season. The yen is little changed after posting its biggest weekly slide since September.Trade tensions eased somewhat last week as officials in Beijing appeared to moderate their response to President Donald Trump’s tariff threats amid a slowing economy, falling stock market and weakening currency. Data coming Monday, including GDP and industrial production and retail sales, will give the latest detail on China’s economy, while later this week investors expect Federal Reserve Chairman Jerome Powell to lay the groundwork for further tightening even as trade tensions create risks.Terminal users can read more in Bloomberg’s Markets Live blog.These are some key events coming up this week:Economists forecast China will report second quarter GDP growth slowed to 6.7 percent from 6.8 percent in… Read full this story
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