Senior US and Canadian officials made a final effort to close a trade deal to revitalize Nafta before a Sunday deadline to send the text to the US Congress.
After weeks of tense negotiations between Ottawa and Washington, there was no breakthrough in the hope that an agreement would have subsided over the past few days, leaving the fate of North American trade in limbo.
But since Friday, top negotiators from the two countries have been given a final push to see if a deal was possible on a series of thorny problems, according to people familiar with the talks. Those issues include Canadian protection for the dairy industry, the ongoing American threat of tariffs for Canadian cars, disputes regulation regimes and cultural exceptions to the Canadian media market.
In Asia-Pacific stock futures the Sydney S & P / ASX 200 index is 0.4 percent in the store, while Tokyo's Topix will rise 0.1 percent as trade begins. Traders in Hong Kong are on vacation.
Company earnings reports nowadays Zojirushi and Create SD Holdings.
The economic calendar for Monday starts the week with a bang (in all times Hong Kong):
- 07.50: production index for Japan Tankan
- 08.00: import, export and trade balance South Korea (provisional)
- 08.30: Nikkei purchasing purchasing managers indices for Japan (final), South Korea, Taiwan, Vietnam, Indonesia, Thailand, Malaysia and the Philippines
- 12.00: Thailand consumer price index
- 12.00: Indonesia consumer price index
- 13.00: India Nikkei makes PMI