Asian Markets Respond to China's Manufacturing Data
On Tuesday, the Asia-Pacific stock markets showed varied reactions to the latest NBS manufacturing data from China. Investors closely monitored the figures, leading to a mostly lower trading session across the region.
Australia's S&P/ASX 200 experienced a downturn, decreasing by 0.60% at 3:13 am CET. In contrast, Hong Kong's Hang Seng saw a slight increase, adding 0.36% at 3:14 am CET. Meanwhile, the Chinese mainland presented a mixed picture: the Shanghai Composite remained stable, whereas the Shenzhen Composite dropped by 0.79% at 3:15 am CET.
In currency markets, the dollar weakened against the yen, trading 0.24% lower at ¥156.4520 by 3:16 am CET.
Notably, markets in Japan and Korea were closed for the holidays, contributing to the day's subdued trading activity.
Comments