China’s PMI – Lowest is 5 Months
HSBC China (FXI, quote) manufacturing purchasing managers’ index (PMI) post no surprises from its earlier flash report of 50.4 for the month of October, a slight improvement over September’s 50.2 results.
PMI
Brent Steady After Strong Chinese Data
Brent crude oil (BNO, quote) traded near $108 on Thursday morning after unexpectedly strong Chinese data suggested rising global demand.
HSBC Flash China Manufacturing Purchasing Managers’ Hits 18 Month High
Overnight the HSBC Flash China Manufacturing Purchasing Managers’ Index hits 18 month high. The survey indicates high demand for manufacturing domestically as well as internationally.
China’s June PMI at six-month high
Growth in China’s (FXI, quote) manufacturing sector accelerated to a six-month high in June, registering a strong end to the second quarter and an encouraging sign that the economy is further stabilizing.
China accelerates as euro zone stumbles
Signs of an economic revival in China have raised hopes that Beijing’s targeted measures to bolster growth are having an impact but a slowdown in the euro zone will increase expectations of policy easing there.
China’s manufacturing weakens, but at slower pace
China’s (FXI, quote) manufacturing activity continued to shrink in April, but at a slower pace, fresh evidence that the sector is facing growth challenges, according to HSBC’s purchasing managers’ index (PMI) released on Monday.
AUDUSD Pullback to Play Out? (April 28, 2014)
AUDUSD is in a strong uptrend on its short-term and long-term time frames but it appears that buyers need to regain energy before pushing the pair higher.
China’s manufacturing still weakening
China’s (FXI, quote) manufacturing activity continued to contract in April, but at a slower pace, according to HSBC’s preliminary purchasing managers’ index (PMI) released on Wednesday.
U.S. Dollar Under Pressure againts the Yen and Euro
This week market participants are getting a flurry of global economic data that has been and continues to have the potential to move the currency markets.
Geopolitical Tension Keeps Brent Above $106
Brent crude oil (BNO, quote) slid lower on Tuesday after PMI data added to worries about a waning global demand outlook. The commodity traded at 106.63 at 5:20 GMT as the confrontation between the West and Russia helped keep a floor under prices.