Market Overview

Asia-Pacific markets showed mixed reactions on Thursday, influenced by recent economic policies and data. United States President Donald Trump's decision to impose a 50% tariff on Brazil has stirred the markets, alongside the Bank of Japan's report indicating a 2.9% rise in the country's producer price index for June.

Market Movements

South Korea's Kospi increased by 1.02%, while Hong Kong's Hang Seng remained flat. Japan's Nikkei 225 fell by 0.58%, contrasting with mainland China's Shanghai Composite, which gained 0.28%. Australia's S&P/ASX 200 also saw a 0.66% rise.

Currency Update

The dollar experienced a 0.25% decrease against the yen, trading at 145.96450.