Asian Markets Show Mixed Reactions
Following a mixed close on Wall Street, major stock indexes across the Asia-Pacific region presented a varied picture on Thursday. This comes in the wake of United States President Donald Trump's announcement regarding the implementation of tariffs on Canada and Mexico, set to take effect on April 2.
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Market Movements Across Asia
Japan's Nikkei 225 remained flat at 2:57 am CET, while Hong Kong's Hang Seng saw a modest increase of 0.47% by 02:58 am CET. Conversely, South Korea's Kospi experienced a decline, dropping by 0.81% at 2:59 am CET. Mainland China's stock indexes, the Shanghai Composite and the Shenzhen Composite, also traded flat by 3:00 am CET. Meanwhile, Australia's S&P/ASX 200 added 0.36% by 3:01 am CET.
Currency Movements
In currency news, the dollar strengthened against the yen, trading 0.23% higher by 3:02 am CET, with a selling rate of 149.36500.
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