No one seems that eager to put in trade, reluctant but nervous obviously. Jakarta is lower by more than 1 and htc also down. We go across to singapore straits, malaysia and thailand, all down by. 2 . Also, newspi zealand is up currently by went one percent. The rest are booking the probably up by. 1 . The rest are looking up. As john was mentioning, asia pacific markets are being driven by pieces of data. Signs of manufacturing slowing. Stephen engle is in beijing for us. Is there a danger that we read too much into it . Mean, we are drawing a lot of conclusions from a slight dip down in the flash number. This is the preliminary number for manufacturing pmi for december from hsbc and economics again. Remember, this is a private survey, not the official survey. Private companies in the manufacturing space in china, about 400 or so companies, where the official pmi am leslie looks at pmi mostly looks manufacturing. But it did sink down to a three month low with this flash number. If the.
Japan on friday. About 160g to be up points higher compared to what we saw friday. Signs ofr showing strength ahead of the figure that will show business sentiment. The question is whether abenomics is working its magic. Business confidence is set to rise for the fourth consecutive quarter. Down. Break it a good morning. Very festive. Thank you. Of three points. A fourth consecutive quarter of gains. One is the Consumer Spending. It is important to get them have a lot of money. That is the april sales tax rise. It is 8 or numeral five percent. The inflation target is 2 . Theyre going to see the fourth gains. Any row of it is a year at abenomics beginning its course. Robust fiscal house spending will help as well. Companies have been maintaining their upbeat cap expenditure plans. It will be the most positive outlook since 2007. They confirm the japanese economy is recovering and allow the bank of japan to hang off on stimulus. Even more than the fed. A lot of manufacturing. It will go
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