China’s deflation concerns remain, RBA will release quarterly statement on Friday

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Asian market dynamics: Concerns about deflation in China remain; the Reserve Bank of Australia will release its quarterly statement on Friday; Federal Reserve Chairman Powell will speak again.

Overall trend

Stocks were mixed.

Japanese corporate financial reports remain in focus [including Honda, Nissan, Rakuten, Sony and SoftBank Group].

Australia New Zealand

Australia’s ASX 200 opened 0.1% higher at 7,009 points.

Chevron: Australian unit: Says it is working to restore full LNG production at the Gorgon gas facility following an electrical incident.

New Zealand sells 2030, 2032 and 2037 bonds totaling NZ$500 million.