Asia trades mixed with pandemic in focus

Wednesday, 02. December 2020 03:53

Asian markets traded mixed on Wednesday as investors monitor how the coronavirus pandemic is developing.

Bank of Japan's deputy governor said earlier that the central bank will not hesitate to implement further monetary easing, while Australia's central bank's governor noted there is a high degree of uncertainty about the pace at which the economy will pick up, but that it is unlikely for negative interest rates to be set.

Additionally, it was revealed the US administration plans to deliver the first shipments of Pfizer's vaccine to locations across the country on December 15 and Moderna's on December 22, to be administered upon FDA's approval.

In mainland China, the Shenzhen Composite went up by 0.07% at 3:48 am CET, as the Shanghai Composite added 0.16%. At 3:46 am CET, the dollar traded 0.11% higher against the yen, going for ¥104.4215. On the other hand, the Australian S&P/ASX 200 went 0.28% down at 3:40 am CET, with Japan's Nikkei 225 losing 0.12% at 3:30 am CET. Hong Kong's Hang Seng decreased by 0.3% at 3:48 am CET, as South Korea's Kospi Composite went 1.32% up.

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Breaking the News / NL