天朝利好消息，PMI 5 month high# Stock
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The HSBC flash China manufacturing purchasing managers index rose to a five-
month high in July, driven up by a jump in the output sub-index and signs of
an improvement in new export orders that offered some relief to fragile
markets.
Asian shares erased earlier losses while oil and copper rose after the
Chinese data, pushing the commodity-linked Australian dollar up to $1.0288
from around $1.0265.
Brent crude rose 0.8 percent to $104.03 a barrel and U.S. crude added 0.8
percent to $88.81, while copper jumped 1.1 percent to $7,485 per metric ton
(1.1023 tons) on China's PMI.
month high in July, driven up by a jump in the output sub-index and signs of
an improvement in new export orders that offered some relief to fragile
markets.
Asian shares erased earlier losses while oil and copper rose after the
Chinese data, pushing the commodity-linked Australian dollar up to $1.0288
from around $1.0265.
Brent crude rose 0.8 percent to $104.03 a barrel and U.S. crude added 0.8
percent to $88.81, while copper jumped 1.1 percent to $7,485 per metric ton
(1.1023 tons) on China's PMI.