China data lifts Asian stocks but caution returns after chaotic debate

  • 📰 Reuters
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Asian shares crept higher on Wednesday after data showed China's economic recovery gathering steam, but a chaotic first U.S. presidential debate between President Donald Trump and Democrat Joe Biden weighed on the mood.

were volatile, and gave up gains as large as 0.7% to trade 0.5% lower for the day after President Donald Trump again cast doubt on whether he would accept the election's outcome.The first face-off between Trump and Biden was seen by some political analysts as Trump’s best chance to upend a race where he has lagged in the polls.

“Right now, it looks like an even split between Trump and Biden, so it is difficult for the markets to move,” said Ayako Sera, market strategist at Sumitomo Mitsui Trust Bank in Tokyo. China’s factory activity expanded at a faster pace in September, helped by a return to exports growth after several months of shrinking sales, bolstering a steady recovery for the economy as it rebounds from the coronavirus shock.

A separate private survey, also released on Wednesday, painted a similar picture of the manufacturing sector gaining momentum with new export orders posting their biggest rise in three years.rose 0.5%. Australia's ASX 200 slipped 1.6%.PROSPECT OF CONTESTED RESULT

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 2. in FR

France Dernières Nouvelles, France Actualités