{"id":114641,"date":"2021-05-20T01:22:29","date_gmt":"2021-05-20T01:22:29","guid":{"rendered":"https:\/\/fin2me.com\/?p=114641"},"modified":"2021-05-20T01:22:29","modified_gmt":"2021-05-20T01:22:29","slug":"asia-pacific-shares-mixed-data-shows-japans-exports-surging-in-april","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/asia-pacific-shares-mixed-data-shows-japans-exports-surging-in-april\/","title":{"rendered":"Asia-Pacific shares mixed; data shows Japan&#x27;s exports surging in April"},"content":{"rendered":"<ul>\n<li>Japan&#x27;s exports rose 38% in April as compared with a year ago, data from the country&#x27;s Ministry of Finance showed Thursday. That was higher than an expected 30.9% increase predicted by economists in a Reuters poll.<\/li>\n<li>Australia&#x27;s jobs data for April is expected at around 9:30 a.m. HK\/SIN.<\/li>\n<li>China&#x27;s latest benchmark lending rate is also set to be released, with the one-year loan prime rate (LPR) and five-year LPR expected at 9:30 a.m. HK\/SIN. Majority of the traders in a snap Reuters poll expected no change to either the one-year or five-year LPR.<\/li>\n<\/ul>\n<p>SINGAPORE \u2014 Stocks in Asia-Pacific were mixed in Thursday morning trade, with data showing Japan&#x27;s exports surging in April.<\/p>\n<p>In morning trade, the Nikkei 225 rose fractionally while the Topix index edged 0.1% higher.<\/p>\n<p>Japan&#x27;s exports rose 38% in April as compared with a year ago, data from the country&#x27;s Ministry of Finance showed Thursday. That was higher than an expected 30.9% increase predicted by economists in a Reuters poll.<\/p>\n<p>South Korea&#x27;s Kospi declined 0.44%. Over in Australia, the S&amp;P\/ASX 200 rose 0.5%. Australia&#x27;s jobs data for April is expected at around 9:30 a.m. HK\/SIN.<\/p>\n<p>MSCI&#x27;s broadest index of Asia-Pacific shares outside Japan traded flat.<\/p>\n<p>Looking ahead, China&#x27;s latest benchmark lending rate is also set to be released, with the one-year loan prime rate (LPR) and five-year LPR expected at 9:30 a.m. HK\/SIN. Majority of the traders in a snap Reuters poll expected no change to either the one-year or five-year LPR.<\/p>\n<table><\/table>\n<p>Stocks on Wall Street saw a wild session overnight, with the Dow Jones Industrial Average closing 164.62 points lower at 33,896.04 after plunging nearly 600 points at its low of the day. The S&amp;P 500 shed 0.29% to end the trading day at 4,115.68 while the Nasdaq Composite was fractionally lower at 13,299.74.<\/p>\n<h2>Currencies<\/h2>\n<p>The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.147 after a recent bounce from below 90.<\/p>\n<p>The Japanese yen traded at 109.17 per dollar, weaker than levels below 108.8 against the greenback seen earlier in the week. The Australian dollar changed hands at $0.7735, weaker than levels above $0.78 seen earlier this week.<\/p>\n<p>Here&#x27;s a look at what&#x27;s on tap:<\/p>\n<ul>\n<li>Australia: Employment change and unemployment rate for April at 9:30 a.m. HK\/SIN<\/li>\n<li>China: One-year loan prime rate and five-year LPR at 9:30 a.m. HK\/SIN<\/li>\n<\/ul>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/05\/20\/asia-markets-economic-data-for-japan-and-australia-china-loan-prime-rate-currencies-oil.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan&#x27;s exports rose 38% in April as compared with a year ago, data from the country&#x27;s Ministry of Finance showed Thursday. That was higher than [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":114640,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Asia-Pacific shares mixed; data shows Japan&#x27;s exports surging in April - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/asia-pacific-shares-mixed-data-shows-japans-exports-surging-in-april\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asia-Pacific shares mixed; data shows Japan&#x27;s exports surging in April - Fin2me\" \/>\n<meta property=\"og:description\" content=\"Japan&#x27;s exports rose 38% in April as compared with a year ago, data from the country&#x27;s Ministry of Finance showed Thursday. 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