Asian markets opened up mixed this Monday morning with the Nikkei trading steady despite some disappointing data.
The Indian equity market is likely to open on a flat, albeit negative note today, with the SGX Nifty trading at 7887.50, down 3 points at 7:45.
In global markets Asia opened up mixed with the Nikkei trading steady despite some disappointing data.
Japan’s factory output for the previous month fell 1 percent month-on-month, compared to market expectation of a 0.6 percent drop.
The dollar declined against a basket of currencies, putting it on track for its steepest monthly loss since April, as traders resumed booking profits on their bullish bets.
Nymex crude prices halted gains near a three-week high as Iran repeated its goal of boosting exports after sanctions on the country are lifted.
Gold prices remained largely flat at around USD 1075 an ounce.