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Asian Market Update: Services PMIs Retreat, Australia Exports Showcase Transition Away From...

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Asian equity markets are modestly higher despite the generally soft services PMI numbers, as continued rebound in oil prices sustain risk-on flows. Despite the build in API and DOE inventories this week, reports of Saudi Arabia considering a $10B international loan implying kingdom's fiscal strains from low prices[​IMG]

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