The People's Bank of China is set to release its loan prime rate as the country grapples with the economic impact of an ongoing coronavirus outbreak.
Futures pointed to a higher open for Japanese stocks, while shares in Australia edged up in early trade.Investors will await the release of the PBoC's loan prime rate, set to be out around 9:30 a.m. HK/SIN.widely expected to cut its loan prime rate as the country grapples with the economic impact of an ongoing coronavirus outbreak.
Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 23,590 while its counterpart in Osaka was at 23,600. That compared against the
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