Asia-Pacific Markets Overview

Asia-Pacific markets exhibited a mostly flat trend on Monday, with the exception of slight gains in Chinese stock indexes. Investors were closely analyzing the latest PMI reports from Australia and Japan, alongside significant political developments in South Korea.

Market Movements

At 3:32 am CET, Australia's S&P/ASX 200 and South Korea's Kospi Composite remained flat. Meanwhile, Hong Kong's Hang Seng saw a modest increase of 0.14% by 3:34 am CET. On the Chinese mainland, the Shanghai Composite and the Shenzhen Composite experienced slight rises of 0.16% and 0.15%, respectively. Japan's Nikkei 225 also traded flat at 3:35 am CET.

Currency Fluctuations

The dollar strengthened against the yen, trading 0.29% higher at ¥149.7585 by 3:39 am CET.

Political Developments in South Korea

In a significant political turn of events, South Korea's Constitutional Court dismissed the impeachment of Prime Minister Han Duck-soo, reinstating him as acting president.