Japan’s industrial sector held up better than expected in July, reinforcing case that economy is absorbing external shocks without a sharp loss of momentum. Industrial Production rose 0.1% m/m, slowing from 1.9% in June but extending gains for a fourth straight month and beating expectations for a decline. Output was also 4.1% higher y/y. Details […]
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China’s August PMIs delivered a clear split between recovering factories and still-soft domestic activity. PMI Manufacturing rose from 49.2 to 49.8, beating 49.6 expected and moving close to stabilization. More encouragingly, production climbed from 49.9 Read more…
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