Asian stocks drift lower due to mixed China PMIs and rate uncertainty

From Baystreet: 2024-06-30 22:52:06

Asian stocks drifted lower on Monday as investors grappled with mixed Chinese PMI data and uncertainty over U.S. interest rates. Chinese stocks fell after conflicting PMI readings on the economy, while Japanese stocks edged higher despite a lower GDP revision. Investors remain cautious ahead of key economic data releases and a Fed Chair address.



Read more at Baystreet: Asian stocks drift lower amid mixed China PMIs; rate uncertainty persists