Asia markets mixed; Nikkei down 1.1%, Kospi up 0.1%

Asia markets trading mixed on Monday, with the Japanese benchmark index falling, as markets adjust to a slew of recent comments from the US Federal Reserve about a possible interest rate hike in June.

The Nikkei 225 was down 1.09 percent, with stocks coming under pressure as the yen saw renewed strength against the dollar. Shares’ decline was in the wake of data released shortly before the market open showing the country’s exports continued to fall.

Across the Korean Strait, the Kospi was up 0.08 percent.

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Posted in: Indian Market Tips