Asia markets mixed as China manufacturing contracts again, Japan business confidence at 2-year high

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

News News

Business Business Latest News,Business Business Headlines

Investors in Asia are coming off a positive inflation report in the U.S. last week, and will assess business data from the region.

S&P Global purchasing managers' index readings will be out for several Asian economies, including China, Japan and South Korea.

Asia-Pacific markets started the second half of the year mixed as investors assessed official June business activity data from China and Japan's business confidence readings.on the weekend, with its manufacturing PMI coming in at 49.5, unchanged from May and marking its second straight month in contraction territory.improved in the second quarter to a two-month high, with the Tankan survey at +13 compared to +11 in the first quarter. Economists polled by Reuters expected a +12 reading.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in BUSİNESS

Business Business Latest News, Business Business Headlines