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Asia stocks choppy amid tepid China recovery signs

Asian stocks choppy on Friday after China announced better than expected, but the economic data is still tepid.
Producer prices, or the price of goods as they leave the factory, down demand may strengthen long-term downturn in July, but at a slower rate than the previous month - a sign. May producer prices fell 2.3 percent, compared to last year, but better than the 2.7% decline in June.
Analysts said they expect to see in July, but also modest improvement, industrial production and retail sales data due out Friday.
"Strong activity figures higher than expected, coupled with a stable and lower than expected price pressure would be positive sentiment" in China and other emerging markets, Calyon in Hong Kong, analysts said the market comment.
On Thursday, customs data showed China's exports and imports increased in July, higher than expected, easing concerns about a slowdown dragged in, in the world's second largest economy to two years of low growth.
Japan's Nikkei 225 index swung yen against the U.S. dollar picked up strength loss. Tokyo benchmark fell 0.1 percent, at 13,595.94.
South Korea's Kospi index rose 0.2% to 1,887.65 points. Hong Kong's Hang Seng Index rose 0.3% to 21,726.44 points. Australia's S & P / ASX 200 index fell 0.4 percent to 5,047.30 points, dragged down by losses in the banking sector, despite gains in mining stocks.
Mainland China opened higher, but fell to negative midday. In Singapore, Malaysia, Indonesia and the Philippines market is closed.
In individual stocks, Geely Automobile Holdings in Hong Kong rose 4.1%, while the Great Wall Motor rose 3%. In Hong Kong, First Shanghai Securities strategist Linus Yip (Linus Yip) said that consumers and auto stocks advancing sentiment improved on the back, due to modest improvements in the perception of the Chinese mainland.
"In the Chinese mainland's economy is gradually coming back, so the market focus returned to the consumer stocks, I think this is reasonable," Yip said. "
On Thursday on Wall Street, the Dow Jones industrial average rose 0.2 percent, to close at 15,498.32 points. Standard & Poor's 500 index rose 0.4 percent, to 1,697.48. The Nasdaq composite index rose 0.4% to 3,669.12 points.
The most stock traders concern has been the U.S. Federal Reserve and it may inhibit its monetary stimulus. In the past few years, the Fed has helped to maintain low interest rates to stimulate economic growth. The program has also been the stock market, investors are looking for their money farming defeated bond returns is a boon.
Benchmark crude for September delivery rose 79 cents to $ 104.19 a barrel on the New York Mercantile Exchange electronic trading. The contract fell 97 cents to close Thursday at $ 103.40 on the New York Mercantile Exchange.
In currencies, the euro rose to $ 1.3381 from $ 1.3377 late Thursday. Dollar fell to 96.82 yen from 96.51 yen.
 



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