{"id":37651,"date":"2025-03-10T11:35:22","date_gmt":"2025-03-10T11:35:22","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/03\/10\/asia-pacific-markets-mixed-as-japans-bond-yield-hits-fresh-high-china-inflation-dips\/"},"modified":"2025-03-10T11:35:22","modified_gmt":"2025-03-10T11:35:22","slug":"asia-pacific-markets-mixed-as-japans-bond-yield-hits-fresh-high-china-inflation-dips","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/03\/10\/asia-pacific-markets-mixed-as-japans-bond-yield-hits-fresh-high-china-inflation-dips\/","title":{"rendered":"Asia-Pacific markets mixed as Japan\u2019s bond yield hits fresh high, China inflation dips"},"content":{"rendered":"<div><\/div>\n<p>Asia-Pacific markets opened mixed on Monday, reflecting lingering volatility from a turbulent global trading week. <\/p>\n<p>Investors remained on edge as US <a href=\"https:\/\/invezz.com\/news\/2025\/03\/07\/fed-chair-powell-signals-caution-on-rate-cuts-amid-president-trumps-policy-shifts\/\">tariff policies under President Donald Trump<\/a> continued to inject uncertainty into financial markets. <\/p>\n<p>At the same time, fresh economic data from China and Japan added further complexity to the regional outlook.<\/p>\n<p>Japan\u2019s benchmark Nikkei 225 increased 0.24% in choppy trade, while the broader Topix index slipped 0.26%, reversing earlier gains. <\/p>\n<p>Meanwhile, Japan\u2019s 10-year government bond yield hit a fresh multi-year high, adding pressure on policymakers amid concerns over rising inflation. <\/p>\n<p>Data showed that Japan\u2019s cash earnings climbed 2.8% year-on-year in January, cooling from December\u2019s 4.4% rise.<\/p>\n<p>In South Korea, the Kospi index gained 0.47%, while the small-cap Kosdaq advanced 0.53%. <\/p>\n<p>Australia\u2019s S&amp;P\/ASX 200 rose 0.24% in its final trading hour after closing at a six-month high in the previous session.<\/p>\n<p>China\u2019s stock markets faced losses, with Hong Kong\u2019s Hang Seng Index dropping 2.11% and the mainland\u2019s CSI 300 falling 0.83%. <\/p>\n<p>Over the weekend, China\u2019s consumer inflation fell below zero for the first time in 13 months, signaling deflationary risks. <\/p>\n<p>The consumer price index (CPI) declined 0.7% year-on-year in February, reversing from a 0.5% gain in the prior month, according to data from the National Bureau of Statistics.<\/p>\n<p>Further rattling sentiment, Beijing imposed retaliatory tariffs on Canadian agricultural goods after Ottawa levied duties on Chinese-made electric vehicles, steel, and aluminum products last year. <\/p>\n<p>China announced a 100% tariff on Canadian rapeseed oil, oil cakes, and peas, alongside a 25% duty on aquatic products and pork. <\/p>\n<p>In response, China\u2019s Zhengzhou rapeseed meal futures surged over 5% on Monday, reflecting market concerns over supply disruptions.<\/p>\n<p>India\u2019s benchmark indices opened higher, with the Nifty 50 rising 0.32% and the BSE Sensex climbing 0.43%, tracking positive momentum from Wall Street\u2019s Friday rebound. <\/p>\n<p>The S&amp;P 500 rose 0.55%, the Nasdaq Composite gained 0.7%, and the Dow Jones Industrial Average added 222.64 points, or 0.52%.<\/p>\n<p>Meanwhile, South Korean steelmakers felt the heat ahead of fresh US tariffs on steel imports. <\/p>\n<p>Hyundai Steel shares plunged as much as 8.79% on Monday, with industry reports highlighting concerns over excess Chinese steel supply and a slowdown in South Korea\u2019s construction sector. <\/p>\n<p>The company has reportedly begun offering voluntary layoffs to technical workers to mitigate financial strain.<\/p>\n<p>In the cryptocurrency market, <a href=\"https:\/\/invezz.com\/news\/2025\/03\/07\/white-house-crypto-summit-whos-invited-and-whats-on-the-agenda\/\">Bitcoin extended its decline<\/a>, plunging over 7% to $80,142.75. <\/p>\n<p>The drop followed President Trump\u2019s executive order establishing a strategic bitcoin reserve under the US Treasury Department. <\/p>\n<p>The move, which mandates a full audit of federal digital asset holdings, cements bitcoin as a long-term strategic asset while prohibiting sales from the government\u2019s estimated 200,000 bitcoin stockpile.<\/p>\n<p>Japan\u2019s real cash earnings fell 1.8% year-on-year in January, marking the sharpest decline since February 2024. <\/p>\n<p>While rising cash earnings theoretically support the Bank of Japan\u2019s goal of fueling a wage-price cycle, the real wage drop underscores persistent inflationary challenges.<\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2025\/03\/10\/asia-pacific-markets-mixed-as-japans-bond-yield-hits-fresh-high-china-inflation-dips\/\">Asia-Pacific markets mixed as Japan\u2019s bond yield hits fresh high, China inflation dips<\/a> appeared first on <a href=\"https:\/\/invezz.com\/\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asia-Pacific markets opened mixed on Monday, reflecting lingering volatility from a turbulent global trading week. Investors remained on edge as US tariff policies under President Donald Trump continued to inject uncertainty into financial markets. At the same time, fresh economic data from China and Japan added further complexity to the regional outlook. Japan\u2019s benchmark Nikkei <\/p>\n","protected":false},"author":1,"featured_media":37652,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-37651","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/37651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=37651"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/37651\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/37652"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=37651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=37651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=37651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}