Trading news

China's manufacturing expands above estimations


China's manufacturing activity expanded at the fastest rhythm in August, within a period of two years, amid the construction industry having boomed and the economy responding to government spending.

China's manufacturing activity improves

The above positive reading may boost the view that China could improve both short-term and long-term expectations, thus not being in a hurry to cut interest rates or reserves.

Furthermore, the official PMI climbed for the month of August to 50.4 and was above July's 49.9 reading.


Spain's manufacturing PMI stabilized at 51.0. The economists estimated the PMI to drop to 50.9.


The French manufacturing PMI dropped from 48.5 to 48.3. The analysts predicted stabilization at 48.5.


Germany's manufacturing PMI stabilized at 53.6 and matched the analysts' predictions.


Norway's retail sales declined to -0.6%. The analysts predicted the indicator to appreciate 0.3%.

Euro zone

Euro zone's manufacturing PMI dropped from 51.8 to 51.7. The analysts predicted stability at 51.8.

Read More

Thursday, 01 Sep, 2016 / 8:39

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news


Can the Bank of Canada pull off a ‘cautious’ tapering?

· Bank of Canada likely to scale down its vast QE program today [...]

Posted on Wednesday, 21 Apr, 2021 / 9:16 under


The company’s quarterly results come at a time when the distribution of [...]

Posted on Wednesday, 21 Apr, 2021 / 7:42 under

Intraday Market Analysis – Recovery Momentum

EURUSD breaks above key resistance eurusd The euro recoups last month’s [...]

Posted on Tuesday, 20 Apr, 2021 / 1:00 under