Asian Markets Show Mixed Signals
On Tuesday, most Asian markets experienced gains, contrasting with the downturn in Japan's Nikkei. The positive movement in major indexes was somewhat tempered by strong US payroll data, which dampened expectations for imminent Federal Reserve rate cuts.
Japan and China's Trade Surplus Highlights
Japan announced a balance of payments trade surplus of ¥97.9 billion in November, while China's trade surplus increased to $104.84 billion in December. These figures highlight the ongoing economic activities and their impact on market sentiments.
Market Movements Across Asia
At 3:35 am CET, the Nikkei 225 fell by 1.84%, whereas Hong Kong's Hang Seng index saw an increase of 0.82%. Meanwhile, in mainland China, the Shenzhen Composite rose by 1.26% and the Shanghai Composite by 0.25%. South Korea's Kospi remained stable, and Australia's S&P/ASX 200 gained 0.20%.
Currency Movements
The dollar slightly increased by 0.01% against the yen, reaching ¥157.6710 at 3:45 am CET.
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