Asian share
markets were mixed on Monday as political uncertainty globally kept the
mood cautious, while the U.S. dollar dithered in a tight range ahead of a
busy week for Federal Reserve events.
Turnover
was light with U.S. markets closed for the Presidents Day holiday.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS
edged up 0.1 percent and back toward a 19-month peak reached last week.
Japan's Nikkei .N225 went flat after domestic data showed exports disappointed in January even as imports outpaced forecasts.
Shanghai stocks .SSEC added 0.9 percent and expectations of solid economic growth in China kept commodities such as copper and iron ore well bid.
Spreadbetters predicted opening gains of 0.2 to 0.3 percent for bourses in Europe while E-mini futures for the S&P 500 ESc1 added 0.1 percent.
Shares in Unilever Plc (ULVR.L) could retreat after U.S. food company Kraft Heinz Co (KHC.O) withdrew its proposal for a $143 billion merger. Unilever's shares jumped 13 percent on Friday on news of the bid.
Wall Street ended last week on a roll, with all three major indexes making historic highs and the Dow Jones Industrial Average reaching a seventh straight record close. [.N]
A host of results from retailers are due this week, including Wal-Mart Stores Inc (WMT.N), Macy's (M.N) and Home Depot Inc (HD.N). The results will be watched for a read on spending as well as for commentary from executives on President Donald Trump's proposal to tax imports.
Japan's Nikkei .N225 went flat after domestic data showed exports disappointed in January even as imports outpaced forecasts.
Shanghai stocks .SSEC added 0.9 percent and expectations of solid economic growth in China kept commodities such as copper and iron ore well bid.
Spreadbetters predicted opening gains of 0.2 to 0.3 percent for bourses in Europe while E-mini futures for the S&P 500 ESc1 added 0.1 percent.
Shares in Unilever Plc (ULVR.L) could retreat after U.S. food company Kraft Heinz Co (KHC.O) withdrew its proposal for a $143 billion merger. Unilever's shares jumped 13 percent on Friday on news of the bid.
Wall Street ended last week on a roll, with all three major indexes making historic highs and the Dow Jones Industrial Average reaching a seventh straight record close. [.N]
A host of results from retailers are due this week, including Wal-Mart Stores Inc (WMT.N), Macy's (M.N) and Home Depot Inc (HD.N). The results will be watched for a read on spending as well as for commentary from executives on President Donald Trump's proposal to tax imports.
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