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South Korea's HSBC Manufacturing PMI for July was 53.1, compared to 52.1 in the previous month.

2026-08-03

South Korea's HSBC Manufacturing PMI for July was 53.1, compared to 52.1 in the previous month.

Other News
2026-08-03

A-share steel stocks rose, with Sha Steel hitting the daily limit, and other stocks such as Dazhong Mining, Guangda Special Materials, Hebei Iron & Steel, Jiuli Special Materials, Angang Steel, and Wujin Stainless Steel following suit.

A-share steel stocks rose, with Sha Steel hitting the daily limit, and other stocks such as Dazhong Mining, Guangda Special Materials, Hebei Iron & Steel, Jiuli Special Materials, Angang Steel, and Wujin Stainless Steel following suit.
2026-08-02

CITIC Securities says having missed this round’s rate-hike window, US equity valuations face near-term pressure regardless of whether the Fed hikes in September; medium-to-long term, realized rate hikes could relieve valuation suppression. The Produc

CITIC Securities says having missed this round’s rate-hike window, US equity valuations face near-term pressure regardless of whether the Fed hikes in September; medium-to-long term, realized rate hikes could relieve valuation suppression. The Productivity and Employment Task Force’s positive tilt toward AI supports a durable US AI narrative. At the July 29 FOMC the Fed held for a fifth meeting; three voters supported a 25bp increase, signaling publicized internal divisions and a market split of short-end dovishness versus long-end hawkishness. Rising inflation expectations are capping the dollar and may open a window for Japan MOF FX intervention. Strong growth in CSP cloud businesses partially eases concerns about the sustainability of AI’s large capex. Rate-sensitive sectors, high-valuation/low-growth segments and small caps are under pressure; the next potential liquidity pivot is Jackson Hole at end-August or the September policy meeting.
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