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PMI Data Spooks Markets: Manufacturing Contracts While Other Sectors Expand, Guangzhou …

PMI Data Spooks Markets: Manufacturing Contracts While Other Sectors Expand, Guangzhou Blockchain Buzz

Asian equity markets had a mixed, but mostly upward trending day as Singapore, Korea, Japan, Hong Kong, and Malaysia all showed modest gains. However, Mainland China, Taiwan, and Indonesia were down slightly on the day. Asian markets were probably responding to the tailwinds of US Fed rate cuts and gains on Wall Street.







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