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On Tuesday, Asian stocks were mixed, with gainers supplanting losers.
Asian shares have been provided with a lift by better-than-expected American nonfarm payrolls data the previous week as well as subdued inflation data out of China, which generally met expectations.
The Nikkei 225 managed to leap 0.46% because the afternoon trading session kicked off on Tuesday, while South Korea's benchmark Kospi index grew 0.25%. Meanwhile, in Hong Kong, the Hang Seng headed north 1.09%, trading at 25,779.9, as it kept recovering from losses the previous week.
On Tuesday, the Shanghai Composite slumped 0.18% in morning trade, reaching 3,206.9. As for the S&P/ASX 200, this benchmark dipped 0.14%, giving up some revenues from earlier in the day. Additionally, Thailand's SET Index decreased 0.14%.
On Monday, China informed that in June the Consumer Price Index grew 1.5% year-on-year, meeting expectations. Simultaneously, the Producer Price Index went up 5.5%.
On Thursday, American equities jumped a bit due to the fact that market participants set aside fears over the everlasting trade conflict between China and America and turned their focus to economic data as well as earnings out later in the trading…
On Wednesday, EU key equities concluded up, recording their fourth straight winning marathon due to profits in the materials as well as chemicals sectors…
On Wednesday, American futures pointed to a lower start because market participants still worry over worsening trade war tensions…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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