Market

Asia-Pacific Markets React Mixed to Japan's Trade Surplus and US Tariff Reimbursement News

Market Movements Across Asia-Pacific

Following the latest trade data release from Japan and news of the United States agreeing to reimburse Japan for excess tariffs collected, major stock markets in the Asia-Pacific region showed mixed reactions during Friday's afternoon session.

Japan's Nikkei Leads Gains

Japan's Nikkei 225 surged by 2.02% at 7:17 am CET, showcasing a strong response to the positive trade surplus news. Meanwhile, other markets weren't as fortunate.

Mixed Fortunes for Other Markets

Australia's S&P/ASX 200 saw a slight decline of 0.15%, while South Korea's Kospi dropped by 0.7%. Hong Kong's Hang Seng also experienced a downturn, losing 0.78%. On the Chinese mainland, the Shanghai Composite remained flat, but the Shenzhen Composite managed a modest gain of 0.21%.

Currency Fluctuations

The dollar edged up by 0.1% against the yen, trading at ¥147.26500 at 7:18 am CET, reflecting the dynamic shifts in the region's financial landscape.