Asian markets nervous as data-heavy week approaches, Nikkei drops in Japan

Overall, Asian markets were mixed on Monday as investors awaited key economic data and news on potential trade restrictions between the US and China. Japan’s Nikkei fell from record highs, while Chinese stocks remained flat amid fears of export restrictions. Positive government signals in China helped offset some losses, with Hong Kong’s Hang Seng index rising on strong earnings from Meituan. Other Asian markets were mostly muted, with Australia’s ASX 200 standing out with a 0.6% gain. Indian markets were closed for a holiday. Investors will be closely watching upcoming inflation and economic data releases later this week for further market direction.