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Asia-Pacific markets trade mixed ahead of PMI data from China
Asia-Pacific markets opened mixed Monday, after Wall Street saw all three U.S. major indexes climb Friday stateside. Investors in Asia will be watching manufacturing activity figures out from China later today, as RatingDog publishes its purchasing managers index for October. Economists from Reuters expect the reading to come in at 50.9, slightly lower than September’s 51.2. The official PMI numbers out of the National Bureau of Statistics showed that China’s manufacturing activity in October shrunk to its lowest level in six months, coming in at 49.0. Hong Kong’s Hang Seng index futures were at 25,975, higher ... (full story)
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