9/29, 4:25 AM (Source: TeleTrader)
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Asia trades mostly higher with data, COVID in focus

Shares on major stock markets in the Asia-Pacific region were mostly in the green territory on Tuesday with investors focusing on economic data and the pace of the recovery from the coronavirus crisis. The Statistics Bureau of Japan unveiled that inflation for the Ku-area of Tokyo came in better-than-expected, increasing 0.2% in September.

Meanwhile, the Bank of Japan expects the country's economy to continue to grow at a moderate pace in the next period, the Summary of Opinions at the Monetary Policy Meeting showed, adding it will maintain its current monetary policy for a while.

The Nikkei 225 slid 0.23% at 4:22 am CET, while Hang Seng declined 0.09% concurrently. The Kospi in Seoul gained 0.78% a minute later, while the Shanghai Composite and the Shenzhen Composite jumped 1.22% and 0.61% at the same time, respectively. The S&P/ASX 200 in Australia added 0.06% at 4:24 am CET.

The dollar stood flat against the yen at 4:25 am CET, going for 105.5125.

Breaking the News / GA