Asian Markets on the Rise

As the trading day unfolded across Asia-Pacific, markets displayed a predominantly upward trajectory. Investors are keenly observing corporate earnings reports from around the world, alongside assessing the potential impacts of recent US tariff impositions by President Donald Trump on corporate performances.

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 edging up by 0.23% at 7:15 am CET.

South Korea's Kospi enjoyed a 0.47% rise by 7:14 am CET, and Australia's S&P/ASX 200 outperformed with a 0.87% climb at 7:13 am CET. Notably, Japanese markets remained closed in observance of a public holiday.

Currency Movements

The US dollar strengthened against the yen, marking a 0.32% increase to trade at 142.4880 by 7:16 am CET, reflecting the dynamic interplay of global economic factors.