Stocks in Asia Pacific set to rise ahead of China manufacturing data release

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Stocks in Asia Pacific were set to open higher on Tuesday as investors await the release of China's official manufacturing Purchasing Manager's Index.

Futures pointed to a higher open for stocks in Japan. The Nikkei futures contract in Chicago was at 22,415 while its counterpart in Osaka was at 22,340. That compared against theShares in Australia were also set for a positive start, with the SPI futures contract at 5,874, as compared to theInvestors will await the release of China's official manufacturing PMI for June, set to be released around 9:00 a.m. HK/SIN on Tuesday. Economists in a Reuters poll have a median forecast of 50.

"Although many countries have made some progress, globally, the pandemic is actually speeding up," he said during a virtual news conference from the agency's Geneva headquarters. "We all want this to be over. We all want to get on with our lives, but the hard reality is that this is not even close to being over."

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:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia stocks slip as coronavirus cases surgeAsian share markets got off to a shaky start on Monday as the relentless spread of the coronavirus finally made investors question their optimism on the global economy, benefiting safe harbour bonds and the U.S. dollar. Not only stocks, democracy and and justice slip in Asia- India stopwitchhuntingstudents stoptargetingmuslims
Source: Reuters - 🏆 2. / 97 Read more »

Asia stocks wary as coronavirus threatens economic reopeningAsian share markets began the week with a cautious tone on Monday as the relentless spread of the coronavirus finally made investors question their optimism on the global economy, benefiting safe harbour bonds and the U.S. dollar. The virus is done and poses no real threat at this point! Get over it and start living life! Looks like divesting in gold is the answer at the moment
Source: Reuters - 🏆 2. / 97 Read more »

BlackRock upgrades Europe stocks on economic restart, warns of U.S. risksEurope's efforts to kickstart economies hit by COVID-19 has prompted BlackRock Investment Institute to upgrade its view on European stocks to 'overweight', while warning of a risk that the U.S. policy response could be scaled back too soon.
Source: Reuters - 🏆 2. / 97 Read more »