Economic Reports Stir Asian Markets

As the week begins, Asian stock markets present a mixed picture, with investors closely analyzing recent economic reports. Japan's trade deficit and China's inflation rates are at the forefront of market movements, influencing trading strategies across the region.

Market Movements Across the Region

Japan's Nikkei 225 saw a modest increase, gaining 0.40% by mid-morning CET. Conversely, Hong Kong's Hang Seng experienced a significant drop, decreasing by 1.74%. South Korea's Kospi, however, managed a slight climb of 0.26%. In mainland China, the Shanghai Composite and Shenzhen Composite both faced declines, losing 0.42% and 0.26% respectively. Meanwhile, Australia's S&P/ASX 200 ended the day on a positive note, improving by 0.18%.

Currency Fluctuations

On the currency front, the dollar weakened against the yen, trading 0.20% lower at 7:15 am CET, with a selling price of 147.65200.