Shanghai — Major Asian equity indicators nudged higher on Monday as investors awaited US retail sales data and corporate earnings to gauge the health of the world’s biggest economy, with markets remaining focused on a likely US rate cut in July.

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.17%, with losses in Chinese shares capping gains elsewhere in the region...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now