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 : https://www.argusfx.com/en/research-education/market-analysis/news/china-s-manufacturing-growth-weakens

Trading news

 

Equities sink as second wave fears bite, but currencies stay calm

  Spiraling infections and tightening US election inject caution [...]

Posted on Tuesday, 27 Oct, 2020 / 11:56 under

FTSE dragged down as PM Boris Johnson faced a revolt – FTSE 100 Market Outlook – 27/10/2020

The FTSE 100 hit our short entry support target lower, as energy prices [...]

Posted on Tuesday, 27 Oct, 2020 / 9:27 under

Dovish ECB expectations might limit any upside potential – EUR/USD Market Outlook – 27/10/2020

The Euro bulls, once again, found support at the 1.18 level, despite major [...]

Posted on Tuesday, 27 Oct, 2020 / 9:25 under