Asian Markets Mostly Up As Traders Assess Mixed Chinese PMI And Regional Economic Data

Asian Markets Mostly Up As Traders Assess Mixed Chinese PMI And Regional Economic Data

In today’s trading, Asian markets positively began the second half of the year as investors assessed mixed Chinese PMI data. Confidence among large Japanese manufacturing firms also rose to a two-year high in Q2, signaling an improving economic outlook. Japan’s Nikkei 225 was up by 0.1% to 39,631.06 following a quarterly survey by the Bank of Japan, known as the “tankan,” which indicated a modest improvement in confidence among its largest manufacturers for April-June. The consumer confidence index in Japan …