SINGAPORE – Stocks in Japan appeared to open lower on Monday, as data released over the weekend showed Chinese industrial profits grew in the first two months of the year.
The Nikkei futures contract in Chicago stood at 28,045, while its counterpart in Osaka stood at 28,010. That compared to the last closing price of the Nikkei 225 at 28,149.84.
In Australia, the S&P/ASX 200 climbed 0.21% in morning trading.
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The US dollar index, which tracks the greenback against a basket of its peers, stood at 98,852 after a recent climb from below 98.7.
The Japanese yen traded at 112.22 per dollar, weaker than levels below the 120 seen against the greenback last week. The Australian dollar stood at $0.7514 after rising from below $0.74 last week.