Market Movements in Asia

Following the decision by China's central bank to maintain its key interest rates unchanged, major Asian stock markets showed a mixed performance on Monday. This development comes at a time of escalating trade tensions between Beijing and Washington, adding a layer of complexity to market dynamics.

Highlights from Key Markets

The Shanghai Composite saw an uptick, rising by 0.36%, while the Shenzhen Composite added 0.60% at the same time. South Korea's Kospi advanced by 0.20%, showcasing resilience amidst global uncertainties. Conversely, Japan's Nikkei 225 experienced a significant drop, declining by 1.24%.

Market Closures and Currency Fluctuations

Markets in Australia and Hong Kong remained closed in observance of Easter Monday, leading to quieter trading sessions in these regions. On the currency front, the dollar weakened against the yen, losing 1.15% to exchange at 140.75150.