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More cheer rests on China PMI, Fed decision
The big questions for investors in Asia this week are whether the rebound in sentiment towards China is sustained, and whether the Federal Reserve vindicates or cools the growing belief in markets that it will soon start cutting U.S. interest rates. The Fed decision and Chair Jerome Powell's press conference on Thursday will dominate proceedings, and the biggest market-moving event in Asia is potentially the release of Chinese purchasing managers index data. The regional calendar also includes PMIs from across the continent, fourth-quarter GDP figures from Taiwan, Hong Kong and the Philippines, and the latest ... (full story)