The Asian markets started the new week mixed

Shares in Asia were trading mixed in the first trading session of the new week. Oil has begun to rise against tensions between Iran and the United States.

The main Chinese stocks recorded major increases, with Shanghai Composite rising by 0.11%, while the Shenzhen Component and Shenzhen Composite were only partially upgraded.

In Hong Kong, the Hang Seng Index remained basically flat. In Japan, the Nikkei 225 recovered some of last week's losses, but remained relatively suppressed during the session. In South Korea, Kospi recovered, rising by 0.16%.

In Australia, ASX200 declined by 0.32%, with most sectors under pressure. Australian central bank chairman Philip Lowe said the effectiveness of loosening monetary policy to boost the economy is questioned. And Australia is going to cut interest rates.

The US dollar index dropped to 96.127. The Japanese yen traded around 107.34, taking a slight drop. The Australian dollar also remained under pressure, trading at levels around 0.6948.

Meanwhile, the highly anticipated meeting between Xi and Trump is about to happen this week at the G-20 meeting in Japan.

Read more:

• Risk off after the escalation in the Middle East, markets are recovering in a period of calm
• The macroeconomic events for today’s trading calendar
• The US government has confirmed the attacks, Trump is calling an emergency staff meeting
• Has the war between Iran and the US started?
• US markets remain under pressure, traders await Iran’s response