While stock markets in Shanghai, Shenzhen and Hong Kong weakened, Seoul and Tokyo took a deep breath. China and Hong Kong have pushed down data on foreign trade of the world's most populous countries, elsewhere optimism has been reflected after Friday's numbers from the US labor market.
The Shanghai Stock Exchange reached its highest level in three months in the middle of this trading week. It was dragged up by growing fears of rising inflation and thus a possible tightening of monetary policy that would conserve the country's economic recovery after the coronavirus crisis.
Shares in both Shanghai and Shenzhen entered the new trading week and month of growth. Hong Kong's stock market also benefited from prevailing optimism, firming by more than two percent.
