Asia-Pacific Markets Rise Amid Easing Trade Tensions and Tech Gains
TL;DR Summary
Asia-Pacific markets showed mixed results amid concerns over China's manufacturing decline, with the Caixin PMI dropping below 50 for the first time since September 2022, reflecting a sharp slowdown and highlighting ongoing trade tensions between China and the US. Meanwhile, other regional markets experienced slight gains, and currencies fluctuated amid global trade policy uncertainties.
Topics:top-news#asia-pacific#china-factory-activity#economic-indicators#market-performance#markets#trade-tensions
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