Shares in Asia-Pacific set for muted start as investors monitor Covid in China, yen moves

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Shares in Asia-Pacific set for muted start as investors monitor Covid in China, yen moves
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Investors will continue monitoring the Covid situation in mainland China on Thursday for signs of policy support from authorities.

Investors will continue monitoring China's Covid situation and look for signs of policy support from authorities.

SINGAPORE — Shares in Asia-Pacific looked set for a muted Thursday start as investors continue to watch China's Covid situation along with moves in the Japanese yen. The Nikkei futures contract in Chicago was at 27,275 while its counterpart in Osaka was at 27,220. That compared against theAustralian stocks also looked poised for a muted start, with the SPI futures contract at 7,570, against theInvestors will watch for signs of policy support from Chinese authorities as the mainland continues to grapple with its most severe Covid wave since the initial outbreak in 2020.

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