Asia-Pacific Markets React to Economic Data

Major stock markets in the Asia-Pacific region displayed a mixed performance during Monday's afternoon session. This comes in the wake of Japan reporting a slight 0.1% monthly decline in industrial output for May, and China announcing a significant increase in its trade surplus, reaching $114.8 billion in the same month.

Investor Focus on US-China Relations

Investors are closely monitoring developments in US-China relations, particularly the new tariffs imposed by US President Donald Trump and the potential for a meeting between Trump and Chinese President Xi Jinping. These factors are adding layers of complexity to the market's dynamics.

Market Performance Highlights

South Korea's Kospi saw a notable rise of 0.69%, while Hong Kong's Hang Seng increased by 0.26%. The Shanghai Composite in mainland China also advanced by 0.48%. In contrast, Japan's Nikkei 225, Australia's S&P/ASX 200, and the Shenzhen Composite remained flat, showcasing the region's varied market responses.

The dollar maintained stability against the yen, trading at ¥147.3320, indicating a cautious stance among investors amidst these developments.