USMCA

China Data Surprises to the Upside while Europe’s Manufacturing PMI Disappoints

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Overview: Despite better than expected Chinese data, and last week’s investor-friendly developments, Asia Pacific equities were mixed. Australia led the advancing bourses with a 1.6% gain, its largest for the year despite the government revising down growth and wages. China, Taiwan, and Indian markets also moved higher. Europe’s Dow Jones Stoxx 600 is extending its advance …

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Europe’s Flash PMI Disappoints and Hong Kong Shares Advance Ahead of Sunday’s Election

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Overview: Equities in the Asia Pacific managed to mostly shrug off the drag of the losses in US equities yesterday. China and India could not escape the pull, but most other bourses were higher, led by Singapore and Hong Kong. It was the second consecutive week that the MSCI Asia Pacific Index fell. The US and …

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Market Runs with US Line that US-China Deal is Close

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Overview: Comments by US presidential adviser Kudlow playing up the prospects of a trade agreement between the US and China, with other reports suggesting a key call will be held today, is helping to underpin sentiment into the weekend. The MSCI Asia Pacific Index pared this week’s loss today, with China the only main market not …

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