Asian Markets Show Mixed Reactions to Economic Reports

Investors in the Asia-Pacific region had a lot to consider on Monday as they digested the latest economic data. Japan reported a significant trade deficit, while China saw a notable drop in annual inflation. These reports have led to a mixed performance in the region's stock markets.

Market Movements Across Asia

Japan's Nikkei 225 experienced a slight increase, gaining 0.40%. In contrast, Hong Kong's Hang Seng index saw a decrease of 1.74%, and South Korea's Kospi climbed by 0.26%. Mainland China's stock markets also felt the pressure, with the Shanghai Composite losing 0.42% and the Shenzhen Composite declining by 0.26%. Meanwhile, Australia's S&P/ASX 200 ended the day on a positive note, improving by 0.18%.

Currency Fluctuations

The dollar weakened against the yen, trading 0.20% lower. This movement reflects the ongoing adjustments in the market as investors respond to the latest economic indicators from the region.