Asian Market Update: RBNZ Talks Down The Kiwi Dollar, China Flash Manuf PMI Hits 18-Month High, ...

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China HSBC flash Manufacturing PMI hit an 18-month high of 52.0, well above 51.0 consensus, helping send Shanghai Composite to 3-month highs around 2,100 level. Among notable components, New Orders and Input Prices increased at a faster rate, while Employment decrease was slower. HSBC chief economist said improvement in activity



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