Asian Equities Start the Week Lower

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.

CNBC

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