Most Asian stocks dip on trade balance data, Australia news

Thursday, 16. September 2021 04:46

Most equities on the Asian markets traded lower on Thursday after Japan's Ministry of Finance released its merchandise trade balance total which saw the country's deficit in August standing at ¥635.4 billion, deteriorating both on a monthly and yearly basis. The markets also reacted to the announcement that the US and the UK will join efforts to help Australia acquire new submarines powered by nuclear reactors.

Japan's Nikkei 225 traded 0.59% at 4:35 am CET. The dollar fell 0.09% against the yen, going for ¥109.279 at 04:48 am CET, with the Australian S&P/ASX 200 rising 0.83% at the same time. At 4:49 am CET, Hong Kong's Hang Seng went 0.8% down, as South Korea's Kospi lost 0.58%. On the Chinese mainland, the Shanghai Composite and the Shenzhen Composite went down by 0.13% and 0.62% at 4:50 am CET, respectively.

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