Good MornING Asia - 1 September 2021

Newsflow overnight and markets were unusually driven more from Europe than the US, and this merits further watching from a usually US and USD-centric Asia

In this bundle

Opinion

By Robert Carnell

Asia - don’t ignore Europe

Newsflow overnight and markets were unusually driven more from Europe than the US, and this merits further watching from a usually US and USD-centric Asia.

China

Non-manufacturing PMI in contraction from Chinese government clampdown

The contraction in non-manufacturing activity was unexpected. Some negative factors, including government clampdowns, will continue to put downward…

South Korea

Korean production makes small gains in July

Better than expected production data for July, but the main story remains that electronics are hitting bottlenecks so year-on-year growth will struggle…