China’s Caixin Services PMI drops to 51.6 in August vs. 52.2 expected

China's Services Purchasing Managers' Index (PMI) fell from 52.1 in July to 51.6 in August, the latest data published by Caixin showed on Wednesday.

The data missed the market consensus of 52.2 in the reported period, by a wide margin.

Sep 4, 2024

Australian Dollar remains weaker after GDP data

The Australian Dollar (AUD) extends its losses against the US Dollar (USD) following the release of the key economic data on Wednesday.

Japan’s Hayashi: Closely watching domestic and overseas market moves with a sense of urgency

Japan’s Chief Cabinet Secretary Yoshimasa Hayashi said on Wednesday that he is “closely watching domestic and overseas market moves with a sense of urgency.” Additional comments No comment on daily share moves.