Daily Flash | Asia | 22 March 2012: weak flash PMI estimate in China; Japan posts first trade surplus in five months and the yen strengthens
Published on Wednesday, March 21, 2012
Daily Flash | Asia | 22 March 2012: weak flash PMI estimate in China; Japan posts first trade surplus in five months and the yen strengthens
Summary
Sentiment was down following the release of the HSBC flash estimate of March PMI in China which suggests a further slowdown while markets in India closed sharply lower on weak European PMI data.
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BBVA Research
BBVA Research