A look at the day ahead in Asian markets from Jamie McGeever.
That's the broad market picture painted by manufacturing PMIs for the world's two largest economies on Wednesday, as Asian stocks excluding Japan surged 2% for their best day in two months, and two of Wall Street's three main indexesHow Asian markets trade on the second day of the month on Thursday may come down to which of these two forces retains the most momentum. The impact of Chinese and U.S. manufacturing purchasing managers index data on Wednesday was powerful.
in February, expanding at the fastest pace in more than a decade, and new export orders rose for the first time since April 2021. On top of that, Chinese consumers are back with a bang, with some of the world's top consumer and luxury goods companies saying
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Morning Bid: Markets March on China boomletA look at the day ahead in U.S. and global markets from Mike Dolan
Read more »
Morning Bid: Scope for a month-end bounce in AsiaA look at the day ahead in Asian markets from Jamie McGeever.
Read more »
Morning Bid: Market mood downbeat ahead of raft of dataA look at the day ahead in European and global markets from Anshuman Daga
Read more »
Morning Bid: Irksome inflation won't die downA look at the day ahead in U.S. and global markets from Mike Dolan
Read more »
Morning Bid: China manufacturing PMI, Aussie GDP top data delugeA look at the day ahead in Asian markets from Jamie McGeever.
Read more »
Aussie Retail Sales beats and sends AUD/USD bid to test 0.6750The Retail Sales released by the Australian Bureau of Statistics is out as follows: Australia Retail Sales MoM Jan: 1.9% (est 1.5%, prev -3.9%). AUD/U
Read more »