China's loan prime rates are expected to be hold at 3.35% for the one-year LPR and 3.85% for the five year LPR, according to a Reuters poll.
China's central bank will announce its one-year and five-year loan prime rates today, with a poll of economists from Reuters expecting that rates will be left unchanged.Melbourne city centre skyline alongside the Yarra River.
Investors will also be assessing minutes from the Reserve Bank of Australia's Aug. meeting. At the meeting on Aug. 7, the bank kept its benchmark interest rate at 4.35%, but noted that "inflation remains above target and is proving persistent."Nikkei 225 futures pointed to a rebound for the market after snapping a five day winning streak, with the futures contract in Chicago at 37,950 and its counterpart in Osaka at 37,800 compared to the previous close of 37,388.62.
Hong Kong Hang Seng index futures also point toward a higher open, standing at 17,741 compared to the HSI's last close of 17,569.57.
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