Asian Stock Market: Mixed signals from China tests traders ahead of key Fed talks

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Asian Stock Market: Mixed signals from China tests traders ahead of key Fed talks – by anilpanchal7 Asia Equities RiskAppetite Fed China

allenged the region’s share traders are mixed signals from China, as well as downbeat data from Australia, New Zealand and Japan.

However, downbeat China activity data for November challenged positive mood in the dragon nation. That said, China’s officials NBS Manufacturing PMI dropped to 48.0 versus 49.2 expected and 49.0 prior. Further details mention that the Non-Manufacturing PMI also slumped to 46.7 from 48.7 prior and 51.7 expected.

On a broader front, inactive S&P 500 Futures and sticky US Treasury bond yields challenge the market sentiment.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

 

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