Asia Daily Flash | 5 September 2012: Australia’s GDP slows; Thailand holds rates; Inflation rises in the Philippines and Taiwan; Rumors of stimulus in China
Published on Tuesday, September 4, 2012
Asia Daily Flash | 5 September 2012: Australia’s GDP slows; Thailand holds rates; Inflation rises in the Philippines and Taiwan; Rumors of stimulus in China
Asian markets were down today, led by the the Kospi (-1.7%) and the Hang Seng (-1.5%), following disappointing ISM data in the US, and ahead of tomorrow’s important ECB meeting.
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