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Asian Shares Dropped on Disappointing Chinese PMI

Asian shares slipped after flash Chinese PMI weakened from a month ago. Overnight, US and European stocks strengthened further with Italian election lifted optimism. Wall Street gained with the DJIA and the S&P 500 rising +0.14% and +0.47% respectively. In the commodity sector, crude oil prices recovered with the front-month WTI contract adding +0.85% while the Brent crude contract gaining +0.74%.

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Asian Shares Dropped on Disappointing Chinese PMI

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