TELETRADER News
8/15, 4:49 AM (Source: TeleTrader)
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Asia mixed after major China, Japan data

Asian stock markets traded mixed on Monday after the People's Bank of China unexpectedly cut key interest rates. Reports on the industrial production and retail sales in China were also released, with both recording lower-than-expected growth. Meanwhile, the Japanese economy reached its pre-pandemic growth level as GDP increased by 2.2% in the second quarter.

The Nikkei 225 was up by 0.99% at 4:35 am CET. Hang Seng lost 0.73% at 4:46 am CET, while the S&P/ASX 200 gained 0.44% at the same time. The Shanghai Composite dropped 0.16% at 4:32 am CET and the Shenzhen Composite improved by 0.06% at 4:48 am CET. The Kospi Composite was closed for a holiday.

The dollar traded 0.53% higher compared to the yen, selling for 133.508 at 4:49 am CET.

Baha Breaking News (BBN) / DJ