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Asian Shares Mixed With Manufacturing PMIs In Focus

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Asian stocks ended mixed on Tuesday as Chinese data disappointed and investors looked ahead to a slew of U.S. economic data this week for additional clues on the interest rate outlook.The dollar edged up against most major currencies, sending oil and gold prices lower in Asian trading.Chinese stocks edge lower after a private survey showed factory activity in the country contracted in July, missin...

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Business News

Global Economics Weekly Update: May 11 – May 15, 2026

May 15, 2026 15:25 ET
Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.

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