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Home » Blog » Asia markets: Japan CPI, Trump tariffs
World

Asia markets: Japan CPI, Trump tariffs

Emily Davis
By Emily Davis
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View of the Uen and Asakusa Skytree in Tokyo

SINGERÉS WITH JACAL | Moment | Getty images

The markets of Japan, Korea and China negotiated mixed in the midst of thin shops in the region with most closed markets for Good Friday.

Japan Nikkeii 225 increased 1.03% to close to 34,730.28 after the country’s inflation grew 3.6% year after year in March, marking three consecutive years that the main inflation figure is above the 2% target of the bank of the Bank of Japan. The figure was less than 3.7% observed in February.

The so -called “nucleus” inflation rate, which eliminates fresh food and energy prices and is closely monitored by the BOJ, rose to 2.9% from 2.6% in the previous month.

South Korea Kospi 0.53% was added to close at 2,483.42. The CSI of China was negotiated to close at 3,772.52.

South Korean and Japanese shipping actions increased after the administration of the president of the United States, Donald Trump, imposed on Thursday rates in ships built in China. Rates will be charged once for a trip.

Japanese Nippon Yusen and Kawasaki Kisen It rose 2.63% and 4.17% respectively. The Mitsui Osk lines added 2.95%. Ocean Pan and HMM of South Korea also negotiated more than 1.98% and 0.83% respectively.

The markets of Australia, Hong Kong, India and Singapore are closed for vacations.

During the night in the US, the three main averages closed mixed. The S&P 500 increased more in the broken trade on Thursday, but the negotiation week cut by the holidays ended, since the tariffs continued to worry the investors.

The wide index advanced 0.13% to close at 5,282.70 after balance between profits and losses previously in the session. The Nasdaq compound fell 0.13% to end 16,286.45. But the Dow Jones Industrial Avenge showed 527.16 points, or 1.33%, to settle in 39,142.23.

Investors have been on alert since Trump first announced his plan for “reciprocal” rates, which het later returned, on April 2.

Alex Harring and Pia Singh of CNBC contributed to this report.

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