Positive Economic Indicators from China Boost Asia-Pacific Markets

On Monday, Asia-Pacific markets experienced a significant uplift, buoyed by encouraging economic data from China. The nation's retail sales witnessed a 4% year-on-year increase in the first two months of 2025, aligning with market expectations. Additionally, China's industrial production saw a 5.9% rise, further bolstering investor confidence.

Market Reactions Across the Region

Japan's Nikkei 225 led the gains with a 1.14% increase by 3:30 am CET. Not far behind, Australia's S&P/ASX 200 added 0.66%, while South Korea's Kospi Composite surged by 1.45% shortly after. Hong Kong's Hang Seng and mainland China's Shanghai and Shenzhen Composites also enjoyed positive movements, advancing by 1.34%, 0.30%, and 0.29%, respectively.

Currency Movements

In the currency markets, the dollar remained stable against the yen, trading at ¥148.6520 at 3:38 am CET, reflecting a calm response to the day's economic developments.