Asian stocks could start September with a choppy session on Friday, as crucial U.S. economic data showed monthly inflation on the wane, a second take on China manufacturing PMI expected to show modest improvement and the U.S. employment report on tap.
As investors turn the page to a fresh new month, any hint that central bank leaders could be nearing the end of a tightening cycle, thereby avoiding a potential global economic downturn, is likely to feed appetite risk.
Following in the wake of downbeat data, which showed China factory activity notched a fifth consecutive month in contraction territory, any upward surprise to the Caixin manufacturing PM…
Keep on reading: Asia kicks off September with eyes on Beijing