Asia bonds finish churned after upbeat China PMI, US record highs

Nikkei adult 0.1%

Japan’s benchmark Nikkei finished during a top turn given Jan 29 after information display that domestic production activity in Jun stretched for a initial time in 3 months. Investors were also confident forward of Prime Minister Abe’s proclamation of some-more remodel measures, partial of his “third arrow” plan, someday this week.

Consumer electronic bonds outperformed with camera builder Olympus adult 5 percent and Mitsumi Electric 4 percent higher.

Sapporo Holdings sealed down 1.2 percent after a brewer pronounced it would post a special detriment of $114 million in a second quarter.

ASX 0.6% higher

Australia’s resource-heavy benchmark index rebounded after shutting down 1 percent on Friday, underpinned by a arise in commodity prices and China’s upbeat data.

Rio Tinto rallied 2.5 percent and Fortescue Metals climbed over 4 percent after Shanghai copper rallied to a four-month high.

Ten Network jumped 2 percent on reports that private equity firm Providence Equity Partners is mulling a intensity bid for a media company.

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