Asian stock markets mixed on concerns over Chinese recovery

FXstreet.com (Barcelona) - Asian equities were mixed overnight, as investors learned of several Chinese economic indicators, which mostly painted a soft picture. Indeed, this has exacerbated the idea that the global mammoth with fail to show heightened signs of recovery this quarter. Coupled with the uneven trading of precious metals Monday, the markets were highly volatile on the day.

Beginning with the indices and composites, the Shanghai fell -0.22% as it settles in region of 2241.92, down -4.91 points in these moments. In addition, the Nikkei 225 is trading in positive territory, operating at 14782.21, surging +174.67 points or +1.20% at the time of writing. Finally, the Hang Seng Index has plummeted lower today, trading in the zone of 23993.20, presently -1.41% after a staunch movement of -319.63 points.

Moving to commodities the prices of gold and silver are trading at USD $1430.50 and $23.55 per oz. respectively. Moreover, the price of crude is operating at USD $95.28/bbl Monday.