Investors hoping for a reprieve in the U.S. bond selling frenzy got their wish on Monday, which should bode well for Asian markets on Tuesday, although the...
Investors hoping for a reprieve in the U.S. bond selling frenzy got their wish on Monday, which should bode well for Asian markets on Tuesday, although the doubts about how long the calm lasts are bound to swirl.
September's PMIs showed that manufacturing activity in Japan and Australia shrank and services sector activity grew, although growth in Japan was the slowest this year. Blue chip Chinese stocks on Monday hit their lowest level since February, 2019, and given China's weight in Asian and emerging market equity indexes, Tuesday could be a challenge.
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