Pmis

• Asian stock markets recovered and found their footing following the release of positive U.S. employment data and Purchasing Managers' Index (PMI) reports. • The upward trend was driven by improved investor sentiment as the economic indicators suggested resilience in the U.S. economy. • This shift matters as it stabilizes regional markets that had previously been volatile due to global economic uncertainty.

• Asian markets showed mixed results as the KOSPI slid following a strong quarter, while Japanese and Chinese markets rose driven by positive Purchasing Managers' Index (PMI) data. • Manufacturing activity remained resilient across Southeast Asia, with Thailand's PMI hitting 53.6 and Malaysia's improving to 50.7, though Indonesia's PMI continued to contract. • In Australia, the S&P/ASX 200 fell 0.6% after building approvals unexpectedly dropped by 1.1% in May, dampening investor sentiment.

• Asian markets showed mixed results as the KOSPI slid following a strong quarter, while Japanese and Chinese markets rose driven by positive Purchasing Managers' Index (PMI) data. • Manufacturing activity remained resilient in Southeast Asia, with Thailand's PMI rising to 53.6 and Malaysia's to 50.7, though Indonesia's PMI continued to contract. • In Australia, the S&P/ASX 200 fell 0.6% after building approvals unexpectedly dropped 1.1% in May, weighing on investor sentiment.