In Asia, futures implied Japanese equities would open a tad lower. Nikkei futures traded in Chicago were off 0.13 percent at 20,270, and Osaka futures were down 0.48 percent at 20,200 at 6:16 a.m. HK/SIN. Both were below the Nikkei 225’s previous close of 20,296.45.
Meanwhile, Australian SPI futures were off 0.06 percent at 5,679 compared with the benchmark S&P/ASX 200’s Friday close of 5,682.137.
Stateside, U.S. equities closed mostly unchanged on Friday, but made gains on the week. The Dow Jones industrial average edged down 0.04 percent, or 9.64 points, to close at 22,349.59, the S&P 500 rose 0.06 percent, or 1.62 points, to close at 2,502.22, and the Nasdaq advanced 0.07 percent, or 4.23 points, to finish the session at 6,426.92.
In currencies, the pound stood at $1.3504 after Moody’s downgraded Britain’s sovereign credit rating over the weekend to Aa2 from Aa1, compared with as high as $1.3595 on Friday.
British Prime Minister Theresa May’s highly-anticipated Brexit speech in Florence on Friday had turned up few specifics as to what the transition period would look like before the U.K. left the EU completely.
On the energy front, oil prices rose on Friday after oil producers announced they could wait until next year to make a decision on output cut extensions. Brent crude gained 0.8 percent to settle at $56.86 a barrel and U.S. crude rose 0.2 percent to settle at $50.66.
Here’s the economic calendar for Monday (all times in HK/SIN):
- 12:00 p.m.: Thailand August trade
- 1:00 p.m.: Singapore August CPI
— CNBC’s Matt Clinch contributed to this report.