Asian stocks go down
05:02
Asian stocks go down
Asian markets are all sliding as investors digest a slew of macro economic data from across the region. South Korea's overall inflation rate in November fell to 3.3%, compared with 3.7% expected. The inflation rate for Japan's capital, Tokyo, came in at 2.6%, down from the 3.3% in October, with Tokyo inflation often being considered a leading indicator of national trends. On a positive note, Caixin released China's service purchasing managers' index today, which hit a three-month high, but despite this stocks in the region are plummeting.
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