SINGAPORE — Shares in Asia-Pacific were mixed in Monday trade as investors reacted to Chinese trade data for May.
China’s exports in dollar terms rose 27.9% in May as compared with a year earlier, according to customs data released Monday. That was lower than forecasts by analysts in a Reuters poll for a 32.1% year-on-year jump in exports.
In Australia, the S&P/ASX 200 shed 0.11%.
MSCI’s broadest index of Asia-Pacific stocks outside Japan traded 0.18% lower.
In other developments, finance ministers from the Group of Seven over the weekend backed a U.S. proposal that calls for firms globally to pay at least 15% tax on earnings.
Markets in Malaysia and New Zealand are closed on Monday for holidays.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.168 following a recent decline from above 90.4.
The Japanese yen traded at 109.54 per dollar, after strengthening late last week from above 110.1 against the greenback. The Australian dollar changed hands at $0.7732, after climbing from levels below $0.768 late last week.