Sunday 23 October 2016

Dollar Up, Apple In Focus, As

Stocks futures across Asia pointed to a mixed open ahead of a busy week for earnings reports in Japan, China and the U.S.

The euro was near its lowest since March while the dollar extended gains against the pound and the yen.

Equity-index contracts in Hong Kong declined with those in Australia, while Japan was little changed and futures in South Korea rose in most recent trading.

The pound and the yen both retreated 0.1 percent against the dollar. Oil held above $50 a barrel as Iraq, OPEC’s second-largest producer, balked at joining efforts to trim output to prop up prices.

A busy calendar for earnings this week will see Apple Inc. and Caterpillar Inc. in the U.S., and Industrial & Commercial Bank of China Ltd. release results, with more than 350 companies on Japan’s Topix index scheduled to give quarterly updates.

  Data is due on Japanese trade, along with inflation releases in Singapore and Vietnam, as well as the latest visitor figures for Macau, the gambling hub.