Asian equities appear set to kick off the week mixed, as a negative finish in the U.S. last week and surprisingly weak trade data in China over the weekend could weigh on sentiment.
Mainland trade data released on Sunday showed exports fell 3.3 percent from year-ago levels, while imports tumbled 19.9 percent, below expectations.
Australia’s benchmark S&P ASX 200 index fell 0.3 percent early Monday, after extending gains into a twelfth straight session last Friday. Miners started the day lower; BHP Billiton slumped nearly 2 percent, while Rio Tinto and Fortescue Metals shed 0.6 and 0.4 percent each.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.