Key Asian stock markets ended mixed today tracking weakness in Chinese stocks as recent upbeat economic data raised fears of monetary policy tightening, while the dollar index struggled near one-month lows.
So, China’s Shanghai Composite index dipped 0.5%. Hong Kong’s Hang Seng fell 0.3%. But, Japan’s Nikkei 225 gained 0.1 percent. South Korea’s Kospi index rose 0.4%. And Singapore’s Straits Times Index rose 0.2%.
In Europe, markets rose as a rally in commodity prices lifted miners, while some positive earnings reports offset worries about the pace of COVID-19 vaccination. London’s FTSE 100 rose 0.2% as a surge in metals prices lifted shares of companies such as Rio Tinto, Anglo American and BHP. France’s CAC and Germany’s DAX added 0.2 percent, each.