Asian Markets Show Mixed Reactions to Economic Reports

Investors in the Asia-Pacific region faced a mixed bag of performances in their stock markets this Monday afternoon. The latest economic reports, including Japan's trade deficit on the balance of payments (BOP) basis and a significant drop in China's annual inflation, have led to varied reactions across the board.

Market Movements Across the Region

Japan's Nikkei 225 saw a modest increase of 0.40% by 7:13 am CET, showcasing a positive response from investors. Conversely, Hong Kong's Hang Seng experienced a downturn, decreasing by 1.74%. South Korea's Kospi, on the other hand, enjoyed a slight climb of 0.26%. Mainland China's markets weren't as fortunate, with the Shanghai Composite losing 0.42% and the Shenzhen Composite declining by 0.26% at 7:14 am CET. Australia's S&P/ASX 200 ended the day on a positive note, improving by 0.18% at the closing bell.

Currency Movements

In the currency market, the dollar traded 0.20% lower against the yen at 7:15 am CET, selling for 147.65200.