Asian markets were mixed in early trading Tuesday, following a lackluster session on Wall Street.

Investors continued to mull recent economic data while they away upcoming meetings by the U.S. Federal Reserve and the European Central Bank, both of which are expected to announce monetary stimulus moves.

U.S. Treasury Secretary Steve Mnuchin told Fox Business on Monday that he views the renewed trade talks with China in October as a sign of “good faith,” and claimed the tariff war has had no effect on the U.S. economy.

On Tuesday, data from China showed that consumer inflation rose more than expected in August, although the producer-price index unexpectedly fell 0.8% in August from a year ago.

Japan’s Nikkei

NIK, +0.29%

  rose 0.2% while Hong Kong’s Hang Seng Index

HSI, +0.08%

  was about flat. The Shanghai Composite

SHCOMP, -0.36%

  retreated 0.4% while the Shenzhen Composite

399106, -0.43%

  slipped 0.5%. South Korea’s Kospi

180721, +0.53%

 gained 0.3%, while benchmark indexes in Taiwan

Y9999, -0.46%

 , Singapore

STI, +0.35%

  and Indonesia

JAKIDX, +0.06%

  were mixed. Australia’s S&P/ASX 200

XJO, -0.69%

  fell 0.5%.

Among individual stocks, Nissan Motor

7201, +3.12%

  surged in Tokyo trading after its CEO announced he will step down next week. SoftBank

9984, +1.73%

  rose after a report that it is urging WeWork, which it had invested about $10 billion into, to shelve its IPO. Toyota

7203, +1.17%

  also rose, while Sony

6758, -1.80%

  fell. In Hong Kong, CNOOC

883, +2.33%

  and China Life Insurance

2628, +0.84%

  gained while Sunny Optical

2382, -2.98%

  and Country Garden

2007, -0.58%

  declined. Chip maker SK Hynix

000660, -1.42%

  fell in South Korea, while Taiwan Semiconductor

2330, -1.32%

  slipped in Taiwan. Beach Energy

BPT, +1.83%

  and Oil Search

OSH, +3.37%

  surged in Australia.

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2019-09-09