Asian stocks mixed with Chinese data in focus

Tuesday, 10. September 2019 04:25

Markets in Asia-Pacific traded mixed on Tuesday as investors digested better-than-expected inflation data from China and continued to focus on the trade relations between Washington and Beijing. Chinese consumer inflation was reported at 2.8% in August, while producer prices fell 0.8% year on year. Meanwhile, US Treasury Secretary Steven Mnuchin said that the next round of trade talks with China will focus on "currency and currency manipulation."

Hong Kong's Hang Seng traded flat t 4:21 am CET. Meanwhile, in mainland China, the Shanghai Composite declined 0.36% at 4:20 am CET and the Shenzhen Composite lost 0.35% at 4:07 am CET.

The Nikkei 225 rose 0.20% at 4:20 am CET. The US dollar added 0.13% against the yen to sell for 107.3795 at the same time.

In South Korea, the Kospi increased by 0.22% at 4:24 am CET, while Australia's S&P/ASX 200 fell 0.47% at 4:24 am CET.

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Breaking the News / NP