Market

Asia-Pacific Markets React to Japan's GDP Decline: A Mixed Trading Day

Market Overview

Asia-Pacific markets experienced a mostly lower trading session on Friday, following the release of disappointing GDP data from Japan. The Japanese Cabinet office reported a 0.2% decline in the country's gross domestic product for the first quarter of 2025.

Regional Market Performance

At 4:14 am CET, South Korea's Kospi and China's Shenzen Composite were trading flat. However, by 4:15 am CET, Hong Kong's Hang Seng had dropped by 0.87%, and Japan's Nikkei 225 lost 0.40% by 4:16 am CET. Mainland China's Shanghai Composite decreased by 0.52% at 4:17 am CET, while Australia's S&P/ASX 200 showed resilience, increasing by 0.62% at 4:19 am CET.

Currency Movements

The dollar weakened against the yen, trading 0.32% lower at 4:20 am CET, with a selling price of 145.22600.