Asia-Pacific markets set to trade mixed as inflation in Japan inches up

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Asia-Pacific markets set to trade mixed as inflation in Japan inches up
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Futures in the Asia-Pacific set to trade mixed as investors digest Japan's inflation data.

Futures in Asia-Pacific are set to trade mixed Friday as investors digest Japan's inflation data.

Official data released Friday showed that prices in Japan rose 2.2% in June compared with a year ago, in line with analyst expectations. Overnight in the U.S., the tech-heavy Nasdaq Composite rose 1.36% to close at 12,059.61 as Tesla shares surged. SINGAPORE — Futures in Asia-Pacific are set to trade mixed Friday as investors digest Japan's inflation data.

The Nikkei futures contract in Chicago was at 27,845 while its counterpart in Osaka was at 27,850. That compared against theOfficial data released Friday showed that prices in Japan rose 2.2% in June compared with a year ago, in line with analyst expectations.Overnight in the U.S., the tech-heavy Nasdaq Composite rose 1.36% to close at 12,059.61 as Tesla shares surged. The S&P 500 gained nearly 1% to end the session at 3,998.95, and the Dow Jones Industrial Average advanced 162.

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