Trading news

China's manufacturing growth weakens

China's manufacturing sector growth, for the month of June, diminished, thus increasing the expectations that the nation will be adding more stimulus, at some point soon, to boost the economy, an official survey reported today.

All measures weakened while output reached its 12-month high level. Inventories and export orders dropped.

China's service sector shows progress

Furthermore, another survey highlighted that the nation's service sector bettered in June, indicating that there is some progress in place.

Moreover, in the scenario where manufacturing resumes to decline, it is highly unlikely that the services will get stronger to boost growth. The economists await the government and the central bank to increase spending and policy easing.

Read More

Friday, 01 Jul, 2016 / 9:35

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

Source :

Trading news


RBNZ Preview: A Warning For The Rest Of The World?

Given the magnitude of the Great Financial Crisis, it’s understandable [...]

Posted on Tuesday, 13 Apr, 2021 / 1:39 under

Intraday Market Analysis – Testing Daily Support

USDCHF retreats to major support usdchf The US dollar is treading water as [...]

Posted on Tuesday, 13 Apr, 2021 / 1:38 under

Dollar steady, stocks mixed ahead of US inflation data

  Dollar drifts sideways in choppy trading as investors brace for [...]

Posted on Tuesday, 13 Apr, 2021 / 9:29 under