Investing.com - Shares in Asia were mixed on Tuesday, with gainers outnumbering the losers.
Asias shares have been given a lifte by better-than-expected U.S. nonfarm payrolls data last week and subdued inflation data out of China that met expectations.
The Nikkei 225 advanced 0.46% as the afternoon session kicked off on Tuesday and South Korea's benchmark Kospi index edged up 0.25%. In Hong Kong, the Hang Seng was up 1.09% to 25,779.9, as it continued to recover from losses last week.
The Shanghai Composite was down 0.18% in morning trade on Tuesday to 3,206.9. The S&P/ASX 200 lost 0.14%, giving up some gains from earlier in the day. Thailand's SET Index was down 0.14%.
On Monday, China reported that the Consumer Price Index rose 1.5% year-on-year in June, meeting expectations, while the Producer Price Index rose 5.5%.
For its part, Japan reported its unadjusted current account surplus at •1.654 trillion, narrower than the •1.796 trillion seen, while core machinery orders fell 3.6% on year in May, compared to a gain of 7.7% seen. USD/JPY changed hands at 113.98, up 0.06%.
Investors are now looking ahead to Fed Chair Janet Yellen's testimony on monetary policy as well as U.S. data on inflation and retail sales, due out on Friday, and trade data from China on Thursday.
The three main U.S. indexes started the session on the front foot, after The Bureau of Labor Statistics reported Friday, nonfarm payrolls grew by 222,000 in June, well above expectations of a 179,000 increase.
The unemployment rate rose to 4.4%, missing analystsí forecasts of an unchanged reading of 4.3% while Average hourly earnings were up 2.5% year-over-year, below expectations for a 2.6% rise.
The Dow Jones Industrial Average closed on Monday at 21,408.52, down almost 6 points or 0.03%. The S&P 500 edged up a virtually flat 0.09% while the Nasdaq Composite closed at 6176.40, up 0.38%.