Morning Bid: Boomtime stats


Source: reuters.com reuters.com

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Feb 22 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. U.S. economic activity indicators on Tuesday accelerated the relentless march higher in U.S. interest rate expectations and confirmed that, for financial markets at least, good news is most definitely bad news. Wall Street and world stocks had their worst day this year after purchasing managers index data showed that the U.S. services sector is roaring back to life. Asian markets are likely to follow when they open on Wednesday. Not one of the 18 economists polled by Reuters expected the services PMI to bounce...