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Rishaad it has been quite a seven months when it comes to the hang seng. Seven straight monthly gains for the index here. The chart gives you an idea of what has been going on. We have a 23 gain since the start of the year. January. P in july was also a Pretty Healthy clip as well, gaining about 6 . Can it continue . Canada tech stocks, which have been driving things up, and also money coming in from mainland institutions, partly responsible for the drive of, as we see the hang seng performing. Also, can the emerging market rally continue . It is extending gains into a seven month, even as we see a little steam coming out when it comes to the u. S. Stock rally. Session as weg get the asian trading day underway. 30 minutes away from the open in china and hong kong. We are really seeing this continued rally when it comes to commodities. Iron ore up over 7 . Copper surging to the highest in two years. Good data out of japan. Pretty s ....
Vindicates the focus on media and entertainment. ,ollow me on twitter rishaadtv use trendingbusiness as well. China out with manufacturing pmi numbers. Tom mackenzie is in beijing. What are we seeing here . A minor miss for the july manufacturing pmi data. At 49. 9, then manufacturing pmi for july. The forecast had been for 50, so marginally off. It was 50 in june. I dont think that will cause concern amongst holocene makers, but below forecast. China policymakers. Nonmanufacturing pmi and june was supported by the construction sector. July nonmanufacturing pmi 53. 9, so it will be interesting to see if services have picked up. Key details in the manufacturing firms,a is hiring by factories, keeping labor costs low, starting to increase employment numbers. Also, fixed Asset Investment has been weak. It had been hoped that the weaker renminbi would support manufacturing. Deflationary prices at the factory gates have eased somewha ....
(RTTNews) - Indian shares reversed early losses to trade slightly higher on Thursday as positive earnings from U.S. chipmaker Nvidia offset hawkis. ....