Asian markets dip on Chinese inflation data, European stocks up in premarket on economic optimism
Stock exchanges across the Asia Pacific region saw mostly lower trading on Monday, influenced by fresh data out of China. The latest inflation figures showed a rise to 0.3% in April year-over-year, which led to a downturn in Chinese stocks. The Shanghai Composite fell by 0.9%, while the Shenzhen Composite dropped by 0.69%. In contrast,