Economic Reports Influence Asian Stock Markets

On Monday, the Asia-Pacific stock markets showed mixed responses as investors digested recent economic data. Notably, Japan's trade deficit on the balance of payments (BOP) basis and a report indicating a 0.7% decline in China's annual inflation over the weekend played significant roles in shaping market sentiments.

Market Movements Across the Region

Japan's Nikkei 225 saw a modest increase of 0.40% by 7:13 am CET. Conversely, Hong Kong's Hang Seng experienced a significant drop of 1.74%, while South Korea's Kospi enjoyed a slight uptick of 0.26%. In mainland China, the Shanghai Composite and the Shenzhen Composite both faced minor losses, declining by 0.42% and 0.26% respectively by 7:14 am CET. Meanwhile, Australia's S&P/ASX 200 ended the day with a 0.18% gain.

Currency Fluctuations

At 7:15 am CET, the dollar weakened by 0.20% against the yen, trading at 147.65200.