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Daily Flash | Asia | 2 May 2012: China’s PMI signals expansion; Manufacturing data in the rest of Asia shows a mixed picture; Australia surprises with a 50 bps rate cut

Martes, 1 mayo 2012

Daily Flash | Asia | 2 May 2012: China’s PMI signals expansion; Manufacturing data in the rest of Asia shows a mixed picture; Australia surprises with a 50 bps rate cut

Asian equity markets rebounded sharply today after reopening from yesterday’s holiday, led by Taiwan (2.3%) and Shanghai (1.8%). The most likely factor for the rebound is positive reaction to PMI data

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