Tuesday Morning Coffee-Markets Update-08Aug2023- APAC Stocks Mixed as Optimism Sours on Chinese Data
Global Markets

Tuesday Morning Coffee-Markets Update-08Aug2023- APAC Stocks Mixed as Optimism Sours on Chinese Data

Global Markets Roundup: 08 Aug 2023

Asian stocks traded mixed on Tuesday, after the early optimism following the positive lead from Wall Street was soured by disappointing Chinese trade data. The Shanghai Composite opened lower after the Chinese government reported that exports fell by 17.7% in June from a year earlier, while imports fell by 25.6%.

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