In Asian Equity Markets indices mostly higher in Wednesday morning as a private survey showed China’s services sector activity jumping to a three-month high in August. Mainland Chinese stocks were higher in early trade, with the Shenzhen component up 0.21% and Shenzhen composite gaining 0.15%. Meanwhile, Hong Kong’s Hang Seng index jumped 1.08%. In Japan, the Nikkei 225 traded largely flat, while the Topix index shed 0.25%. South Korea’s Kospi rose 0.44%. The S&P/ASX 200 in Australia bucked the overall trend regionally as it fell 0.72%.

In Currency Markets the U.S. dollar pulled back on Wednesday as weak U.S. manufacturing stoked wagers on aggressive policy easing, while the British pound recouped losses in the wake of a parliamentary vote that opened the door for another Brexit delay. The euro was steady around $1.2087, a recovery from a 28-month low against the dollar that it touched on Tuesday, as investors priced in deeper negative interest rates for longer in the euro zone. The yen rose to 105.99 per dollar before easing slightly to trade at 105.86.

In Commodities Markets oil prices fell on Tuesday, with U.S. crude futures down 2% after manufacturing data raised concerns about a weakening global economy, while the U.S.-China trade dispute continued to drag on investor sentiment. U.S. West Texas Intermediate (WTI) crude futures fell $1.16, or 2.1%, to settle at $53.94 a barrel. The session low was $52.84 a barrel, the lowest since Aug. 9. Brent crude futures lost 40 cents, or 0.7%, to settle at $58.26 a barrel. It fell as low as $57.23 a barrel, also the weakest since Aug. 9.

In US Equity Markets stocks fell on Tuesday as investors worried about global growth prospects after data showed U.S. factory activity shrank in August for the first time since 2016 and the United States and China imposed new tariffs on each other over the weekend. The S&P 500.lost 0.69%, to 2,906.27 and the Nasdaq Composite fell 1.11%, to 7,874.16. Boeing Co shares fell 2.7% providing the biggest drag for the Dow, after the Federal Aviation Administration said on Friday a global panel of experts will need a few more weeks to finish its review of the company’s 737 MAX certification.

In Bond Markets U.S. Treasury yields fell on Tuesday, with the benchmark 10-year yield hitting its lowest since July 2016, after manufacturing data showed the U.S. factory sector contracted for the first time since 2016 amid worries about a weakening global economy and trade tensions between China and the United States. Across maturities, yields fell. The 10-year yield fell as low as 1.4290% and was last down 3.2 basis points to 1.4741%. The two-year yield was 4 basis points lower to 1.4660%.