Asia Flash | 02 Jul 2013: RBA holds rates; China PMI shows further slowdown; Signs of further easing in China's interbank market; Regional PMI weakens as inflation remains
Published on Monday, July 1, 2013
Asia Flash | 02 Jul 2013: RBA holds rates; China PMI shows further slowdown; Signs of further easing in China's interbank market; Regional PMI weakens as inflation remains
Summary
Signs of a further easing in China’s interbank cash squeeze are helping to revive the battered equity market, with the Shanghai Composite rising for a second straight day, by 0.6%.
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BBVA Research
BBVA Research