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Asian Market Update: China Manufacturing PMIs Diverge

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Asian equity markets are mixed, with Shanghai Composite lagging following disappointing set of China PMI data while other indices continue to rally on expectations of easy Fed for longer after a particularly soft US advance Q2 GDP on Friday. Fixed income markets are no longer pricing in a rate hike[​IMG]

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