With the mood remaining a bit cautious amid concerns about interest rates amid stronger than expected US jobs data in November, Asian stock markets are trading mixed on Monday, following the broadly positive cues from global markets on Friday. Markets in China and Hong Kong are falling on signs that China's deflation situation is deepening. Asian markets closed mixed on Friday.
China's consumer prices fell the fastest in three years in November and producer price inflation fell further into negative territory, underscoring the challenges facing the world's second-largest economy.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.