China Rises On Factory Data menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
- European markets remain close for Easter Monday holiday. - Last Friday, Fed's Chair Powell following release of PCE deflator data said Fed is not under pressure to cut rates, but waiting too long could mean unneeded damages to the economy and the labor market; US jobs report for March set to be released this Friday.
Asian stocks turned in a mixed performance in thin holiday trading on Monday, with markets in Hong Kong, New Zealand and Australia closed for holidays. The dollar held steady as soft U.
Factory activity across several Asian economies weakened in March, but a positive reading in China offered a glimmer of hope, surveys and data showed on.