Asia-Pacific Markets Rise as Investors Digest Private Surveys on Factory Activity

China's Caixin Manufacturing Purchasing Managers Index will be released later that day. Hong Kong's GDP rose by 0.7%. Topix, which also rose by 1.11%, led gains in the area and shot up 1.26%. Investors are waiting for Reserve Bank of Australia to announce its rate decision on Tuesday. All three major U.S. indexes gained on Friday, with technology stocks leading the way. The manufacturing purchasing managers' index in the country fell from 48.4 to 47.8 at the end of June. We will closely monitor the manufacturing purchasing manager's index of Japan, South Korea and Taiwan, as well as India. The Australian trade surplus for May will probably show a second consecutive month of decline on Thursday. Malaysia's Central Bank will announce its rate decision Thursday. Koul shares his thoughts on why now is the time to invest and what stocks you should consider.

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According to the Dow Jones estimate, the personal consumption expenditures index rose 0.3% in the month of May when food and energy are excluded. Inflation was much lower when the volatile energy and food components were included. It was up only 0.1% for the month, and 3.8% compared to a year earlier. The closing price was 34,407,60, up 285.18 or 0.84%. The Nasdaq ended the year with its best performance since 1983. Samantha Subin