China and Japan back today
Regional sharemarkets should get another boost today as China and Japan return and start playing catch-up. Most of the economic news and forecasts surrounding Asia has been quite positive so perhaps 2013 could be Asia’s year (again).
HSBC China services PMI comes out at 01:45 PMI and the market will be looking for a slight improvement from 52.1 last time.
By the way, hope you all bought iron ore on September 5th last year as the price rose to almost $150 last night, a mere 73% rise in 4 months!