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Asian Market Updates

Asian Shares Fall On Weak Chinese Data

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

Asian stocks fell on Tuesday as weak Chinese services data revived concerns about growth and spurred risk aversion.

China's service sector grew at the slowest pace in eight months in August largely due to weaker new business.

The Caixin services Purchasing Managers' Index slipped more-than-expected to 51.8 from 54.1 in July. The expected score was 53.6.

The dollar traded close to three-month highs in Asian trading and gold was little changed, while oil prices slipped after recent strong gains.

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Market Analysis

Global Economics Weekly Update - Sep 07 – Sep 11, 2026

September 11, 2026 16:26 ET
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