Just when German factories appeared to be exiting a year-long slump that battered the country’s economy, the sector’s contraction has worsened again.
French industry effectively stalled this month and new orders shrank, in a setback for hopes that the euro area’s second-biggest economy will stabilize.
Japan’s stock-market rally has more to go, and the Topix index might reach a peak by mid next year, some strategists and fund managers say.
Hong Kong dollar bears are abandoning their short bets, stoking the currency’s longest rally in more than five years.
Oil was steady near a three-month high as optimism the U.S.-China trade deal will spur demand for crude was tempered by caution due to the agreement’s limited nature and lack of detail.
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