
Market Reactions Across Asia-Pacific
Investors in the Asia-Pacific region faced a mixed trading day as they digested reports of the United States potentially freezing restrictions on technology exports to China. Concurrently, news of a new trade agreement between the US and the European Union added another layer of complexity to market sentiments.
Performance Highlights
Japan's Nikkei 225 saw a decline of 1.01%, shedding 418 points by 7:15 am CET, with the US dollar remaining stable against the yen. In contrast, South Korea's Kospi experienced a modest rise of 0.17%, and Australia's S&P/ASX 200 increased by 0.33% around the same time.
Mainland China's markets, including the Shanghai Composite and the Shenzhen Composite, showed little movement. However, Hong Kong's Hang Seng index gained 0.5%, adding 127 points to its tally.
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