Asian Market Update: China Caixin Manufacturing PMI Remains In Contraction, RBA Cuts Rates...

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 3, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Asian equity markets are generally higher, tracking gains on Wall St that were largely attributed to the softening of the greenback. Despite the start of the 3-day break in Tokyo, trading in USD/JPY remained volatile as the pair hit fresh 18-month lows on the cusp of ¥106. China Caixin manufacturing[​IMG]

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