- Monday, 01 August 2016
- News
Caixin Manufacturing PMI at the highest level since 2015
Caixin released their manufacturing PMI data which smahed expectations, surging to 50.6 - its highest since February 2015. Following the notable USD weakness on Friday (thanks to BoJ disappointment), and the apparent recovery of the Chinese economy (just need another trillion or two of credit to keep the dream alive), PBOC strengthened the Yuan fix by 0.35% - the most since mid-June... extending the 9-day gain to the most since September 2010.
Read more...- Friday, 03 June 2016
- News
China service sector activity growth weakens to three-month low in May
- Wednesday, 01 June 2016
- News
Official China's Manufacturing PMI unchanged at 50.1
- Monday, 16 May 2016
- News
Aussie under pressure in an overnight trade
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