Saturday, January 31, 2026 at 2:00 AM
A private gauge of China’s manufacturing sector showed factories continued to expand activity in January.
Activity in Canada’s services industry contracted even more sharply to start the new year, extending a downturn as tariffs and broader uncertain continue to weigh heavily, data released Wednesday showed.
Asian manufacturers started the year on a strong note, with factory activity ticking up in major exporters like Japan and South Korea, and business sentiment brightening.
U.S. equity traders reacted negatively to Trump’s expected Fed chair pick, with all three major indexes slipping premarket after Asian equities closed largely down.
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