Asian shares at fresh three-month highs on China PMI surprise

Australia News News

Asian shares at fresh three-month highs on China PMI surprise
Australia Latest News,Australia Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Asian shares turn higher after positive China data

Efforts by Washington and Beijing to end their bruising nearly 16-month trade war appeared on track as U.S. President Donald Trump said on Thursday said that the two sides would soon announce a new venue for the signing of a “Phase One” trade deal after Chile cancelled a planned summit set for mid-November.

China’s doubts were “not entirely unexpected”, Greg McKenna, strategist at McKenna Macro, said in a morning note to clients, noting that the falls in equity markets overnight were relatively small. “Either way, today’s deluge of manufacturing PMI’s and then U.S. non-farm tonight will be an important factor in where markets head next,” McKenna said.

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:

Reuters /  🏆 2. in US

Australia Latest News, Australia Headlines

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

Lead China, U.S. trade negotiators will speak again soon: China foreign ministryLead China, U.S. trade negotiators will speak again soon: China foreign ministryChina's Foreign Ministry said on Wednesday that lead China and U.S. trade n...
Read more »

After affirmative action case, some Asian Americans rethink college applicationsAfter affirmative action case, some Asian Americans rethink college applicationsSome Asian Americans are wondering how race might affect their chances of admission at Harvard and other highly selective schools across the country.
Read more »

Yellowface, Whitewashing, and the History of White People Playing Asian CharactersYellowface, Whitewashing, and the History of White People Playing Asian Characters'It is the height of white privilege to think a white person is better equipped to play an Asian character than an Asian person.'
Read more »

Asian stocks edge higher after Fed rate cut, focus shifts to BOJAsian stocks edge higher after Fed rate cut, focus shifts to BOJAsian shares rose on Thursday and U.S. stock futures edged higher after the U.S....
Read more »

Extreme weather is hurting Asian businesses — but it may be 'more complicated' than just climate changeExtreme weather is hurting Asian businesses — but it may be 'more complicated' than just climate changeAsian businesses, in particular, will feel the impact of extreme weather conditions. In 2018, the region lost $54.7 billion to natural disasters, second only to North America.
Read more »

Asian stocks rally after Fed cut, BOJ sends clearer easing signalAsian stocks rally after Fed cut, BOJ sends clearer easing signalAsian shares jumped on Thursday to a three-month high and the dollar fell broadl...
Read more »



Render Time: 2025-03-12 11:07:47