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Daily Flash | Asia | 2 May 2012: China’s PMI signals expansion; Manufacturing data in the rest of Asia shows a mixed picture; Australia surprises with a 50 bps rate cut

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Published on Tuesday, May 1, 2012

Daily Flash | Asia | 2 May 2012: China’s PMI signals expansion; Manufacturing data in the rest of Asia shows a mixed picture; Australia surprises with a 50 bps rate cut

Asian equity markets rebounded sharply today after reopening from yesterdayâ€™s holiday, led by Taiwan (2.3%) and Shanghai (1.8%). The most likely factor for the rebound is positive reaction to PMI data

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Report (PDF)

120502_Asia_Daily_Flash_new_tcm348-317241.pdf English May 1, 2012
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Authors

BBVA ResearchBBVA Research

Geographies

Geography Tags
Asia

Topics

Topic Tags
Macroeconomic Analysis

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