August 1, 2019
Asian stocks finished lower today as investors await the first interest rate cut in a decade from Fed. The Nikkei225 ended 0.09 percent higher at 21,540 as Japan Nikkei Manufacturing PMI came in at 49.4, below expectations of 49.6 in July. The Hang Seng finished 0.76 percent lower at 27,565. The Shanghai Composite ended 0.81 percent lower to 2,908, while in Singapore, the FTSE Straits Times index finished 0,27 percent lower to 3,291. Australian equities also ended lower, the ASX 200 finished 0.35% lower to 6,788.