Markets look to Brexit, Chinese data for leads

RECENT data releases and cuts in economic growth forecasts are representative of a weakening global growth outlook.

Against this backdrop, markets will also be looking to updates on the US-China trade deal, more Chinese data releases during the second week of China's National People's Congress (NPC), and the Brexit vote this week for leads.

On Friday, a weak jobs growth report ignited concerns on the state of the global economy, sending Wall Street's three key benchmarks lower. The Dow Jones Industrial Average closed 0.1 per cent lower at 25,450.24, the S&P 500 slipped 0.2 per cent to 2,743.07, and the Nasdaq Composite Index dropped 0.2 per cent to 7,408.14.