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MNI ASIA MARKETS ANALYSIS: Surprise Flash PMI Lower Than Exp

HIGHLIGHTS
  • Lower than expected flash PMI data helped Treasuries gap higher early Tuesday
  • New Home Sales beat expectations while supply weighed on prices earlier, little notice to Retail Sales Revisions
  • Weaker US$ helped support stocks with S&P Eminis climbing to one-week highs.

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HIGHLIGHTS
  • Lower than expected flash PMI data helped Treasuries gap higher early Tuesday
  • New Home Sales beat expectations while supply weighed on prices earlier, little notice to Retail Sales Revisions
  • Weaker US$ helped support stocks with S&P Eminis climbing to one-week highs.

Keep reading...Show less