On Monday morning (9 June, 9:25 AM, GMT+7, Bangkok time), indices in Asia Pacific showed a positive trajectory, buoyed by hopes of a breakthrough in U.S.-China trade relations as officials from the two largest economies prepared for crucial talks later in the day. Investors also assessed fresh data in the region.
The broader mood improved after Beijing reportedly issued short-term approvals for rare-earth exports, signaling a willingness to defuse longstanding trade disputes. At the same time, U.S. aerospace giant Boeing resumed commercial plane deliveries to China, further underlining prospects for better cooperation.
China’s consumer prices slipped 0.1% year-on-year in May, a more modest drop than the 0.2% decrease anticipated by economists surveyed by Reuters. Meanwhile, the producer price index fell 3.3%, slightly steeper than the 3.2% decline projected by analysts.
Japan’s economy shrank less sharply than previously anticipated in the first quarter of 2025, with GDP declining at an annualized rate of 0.2% during the period, easing from an initial estimate of a 0.7% contraction. The result defied expectations from Reuters-polled economists, who had anticipated no change from the preliminary reading.
U.S. nonfarm payrolls increased 139,000 in May, surpassing the 125,000 jobs expected by Dow Jones economists, though it came in below April’s revised total of 147,000.
In Australia, markets in the country are closed for a public holiday.
Japan’s NIKKEI rose by 0.97% to 38,108.66. and South Korea’s KOSPI jumped by 1.91% to 2,865.9.
As for stocks in China, Shanghai’s SSEC grew by 0.33% to 3,396.61. Shenzhen’s SZI expanded by 0.79% to 10,263.83, and Hong Kong’s HSI soared by 1.23% to 24,084.73.
Meanwhile, the US stock markets edged up on Friday as the Dow Jones Industrial Average (DJIA) gained 1.05% to 42,762.87. NASDAQ increased by 1.2% to 19,529.95, and S&P 500 added 1.03% to 6,000.36. VIX slumped by 9.25% to 16.77.
As for commodities, oil prices settled higher on Friday, boosted by a positive U.S. jobs report and renewed U.S.-China trade negotiations that lifted prospects for global economic growth. Brent futures surged $1.13 or 1.73% to $66.47 a barrel, and the West Texas Intermediate (WTI) escalated $1.21 or 1.91% to $64.58 per barrel.
This morning, Brent futures edged up 1 cent or 0.02% to $66.48 a barrel, and the WTI futures climbed 1 cent or 0.02% to $64.59 per barrel.
Meanwhile, gold futures dropped by 0.88% to $3,317.2 per Troy ounce.
