Major stock equities in the Asia-Pacific region were mixed during afternoon trading on Tuesday as investors digested recent data prints.
Inflation in South Korea weakened to its lowest level in nearly a year, with consumer prices rising 2.4% on an annual basis in June. Meanwhile, consumer confidence in Japan improved last month. The Reserve Bank of Australia's (RBA) meeting minutes revealed that the case for holding rates steady is stronger than for hiking them.
Japan's Nikkei 225 climbed 1.04% at 7:13 am CET. South Korea's Kospi lost 0.86%, and Hong Kong's Hang Seng rose 0.48%. The Shanghai Composite gained 0.21% and the Shenzhen Composite was down 0.43%. Australian S&P/ASX 200 declined 0.29%.
The dollar hovered around its 38-year-high against the Japanese yen, rising by 0.10% to change hands for ¥161.6310.
