Asia stocks were mixed in Wednesday morning trade as data released overnight showed U.S. factory activity in August contracting for the first time since early 2016.
Investors will watch for the release of Australia’s gross domestic product figures for the second quarter, set to be out around 9:30 a.m. HK/SIN.
A private survey on China’s services sector is also set to be released on Tuesday, with the Caixin Services Purchasing Managers’ Index expected at around 9:45 a.m. HK/SIN. Official data for August released over the weekend showed services sector activity picking up for the first time in five months in August.
Source: CNBC
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