Equity indices in the Asia-Pacific region ended Tuesday on a mostly higher note with South Korea’s Kospi (+0.7%) recording a modest gain after touching its lowest level since late April.
Japan’s Nikkei: +0.7%,
Hong Kong’s Hang Seng: +0.5%,
China’s Shanghai Composite: +1.4%,
India’s Sensex: -0.7%,
South Korea’s Kospi: +0.7%,
Australia’s ASX All Ordinaries: UNCH.
China
China’s trade surplus was larger than expected in June thanks to strong export growth with the dollar-denominated surplus exceeding its prior record from December 2025.
June trade surplus $125.62 bln (expected surplus of $119.50 bln; last surplus of $105.43 bln).
June Imports 36.0% yr/yr (expected 24.0%; last 27.4%) and Exports 27.0% yr/yr (expected 18.2%; last 19.4%)
Japan
May Industrial Production 0.1% m/m (expected 0.5%; last 0.5%) and Capacity Utilization 0.1% m/m (last -0.8%
Japanese debt outperformed after Finance Minister Katayama said that JGBs should be included in Nippon Individual Savings Accounts.
Australia
July Westpac Consumer Sentiment 4.1% (last -2.9%).
June NAB Business Confidence -5 (last -14) and NAB Business Survey 3 (last 3)
New Zealand
Q2 NZIER Business Confidence 8% (last -4%)
India
June WPI Inflation 9.87% yr/yr (expected 9.15%; last 9.68%)