Key economic data will be out this week from almost all major Asian economies, including Japan, South Korea and China.
Asia-Pacific markets were set to kick-start a data-heavy week mostly higher, with investors awaiting economic readings from several countries, including Japan, South Korea and China.for November. Manufacturing PMI came in at 50.3 — its highest level since April — beating the 50.2 expected by economists polled by Reuters. Manufacturing PMI came in at 50.1 in October.
Australia will announce retail sales for the fourth quarter, while Indonesia will disclose its inflation numbers for November later in the day.Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklywas set to slip, with the futures contract in Chicago at 38,205 and its counterpart in Osaka at 38,190 against the index's last close of 38,208.03.jumped 0.83%. The Dow climbed 188.59 points, or 0.42%.
"Financial markets can get very extreme at inflection points and it has to be wondered whether such a point is approaching," he wrote."At a time when there is much talk about 'American exceptionalism,' it is worth noting that the S&P 500 price to sales ratio is almost back at a record high. America is also now 66.7% of the MSCI All Country World Index which is an all-time high.
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