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Asia markets mixed in thin holiday trade as investors cheer upbeat economic data in China

Asia markets mixed in thin holiday trade as investors cheer upbeat economic data in China
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Armstrong Economics

ASIA: ....

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Armstrong Economics

ASIA: A private sector survey in China revealed that factory activity growth slowed in June due to concerns about sluggish market conditions. The Caixin/S&P Global manufacturing purchasing managers' index (PMI) dropped from 50.9 in May to 50.5 in June, indicating a marginal expansion. The index mark of 50 separates growth from contraction. The survey ....

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*BoJ Tankan: Large Manufacturers Index +7, Outlook +6

*BoJ Tankan: Large Manufacturers Index +7, Outlook +6
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Market Talk – October 3, 2022 | Armstrong Economics

ASIA: The biggest drop in China's cement production in at least two decades has dragged global production of the building material into decline, showing how the crisis in the country's vast real estate sector has hit other industries that rely on it for growth. Global cement production fell 8 percent year-on-year to 1.9 billion ....

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