A look at the day ahead in European and global markets from Ankur Banerjee Investor sentiment on China remains fragile, with Monday's wave of optimism ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSA look at the day ahead in European and global markets from Ankur Banerjee
The Caixin PMI showed on Tuesday that China's services activity in August expanded at the slowest pace in eight months, with sluggish demand continuing to dog the economy while stimulus has so far failed to meaningfully revive consumption.The MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.75%, on course for its worst day since Aug. 25. Against a basket of currencies, the dollar was steady.
Country Garden on Friday won approval from onshore creditors to extend a private bond worth 3.9 billion yuan .
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