Asia-Pacific Markets Show Positive Trends Amid Earnings Season
Investors across the Asia-Pacific region turned their attention to corporate earnings and the potential impacts of recent US tariffs, leading to mostly higher trading in Tuesday's afternoon session. The markets reflected cautious optimism as they awaited financial performances from companies globally.
Regional Market Highlights
In Hong Kong, the Hang Seng Index saw a modest increase of 0.40% by 7:12 am CET. Meanwhile, mainland China presented a mixed picture with the Shanghai Composite holding steady and the Shenzhen Composite gaining 0.23% by 7:15 am CET.
South Korea's Kospi rose by 0.47% at 7:14 am CET, showcasing resilience amid global trade tensions. Australia's S&P/ASX 200 outperformed with a 0.87% climb by 7:13 am CET, while Japan's markets remained closed for a public holiday.
Currency Movements
The US dollar strengthened against the yen, marking a 0.32% increase to 142.4880 by 7:16 am CET, signaling investor sentiment shifts in the forex markets.
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