China manufacturing PMI comes in at 49.4 vs. expectations of 49.6

Activity in China’s manufacturing sector contracted at its fastest pace in almost three-and-a-half years in January, missing market expectations, an official survey showed on Monday. The official purchasing managers’ index (PMI) stood at 49.4 in January, compared with the previous month’s reading of 49.7 and below the 50-point mark that separates growth from contraction on a monthly basis. It is the weakest index reading since August 2012…

China manufacturing PMI dips to 49.6 in November, hits 3-year low

A key measure of China’s manufacturing activity dropped to its weakest level in more than three years in November, underlining weaknesses in the world’s second-largest economy. The official Purchasing Managers’ Index (PMI), which tracks activity in the crucial factories and workshops sector, fell to 49.6, the government statistics bureau said…

China manufacturing PMI ticks up higher but contracts for 2nd straight month

China’s factories continued to sputter in September, suggesting continued pain for the world’s second-largest economy. The government’s official purchasing managers’ index hit 49.8 in September, according to the National Bureau of Statistics, up slightly from 49.7 the previous month. Any number below 50 represents a deceleration in the manufacturing sector…

Preliminary Caixin China manufacturing PMI falls to 47.0 in September

BEIJING—A preliminary measure of Chinese factory output in September was the lowest since the financial crisis, adding to a parade of weak data that is increasingly eroding hopes that China’s slowdown would stabilize in the second half. Chinese stock markets fell on the news, which follows weak readings in August for fixed-asset investment, industrial production and exports as Beijing struggles to meet its growth target of about 7% this year, the slowest pace in 25 years…

China August manufacturing PMI likely shrank to three-year low

Activity in China’s manufacturing sector likely shrank at its fastest pace in three years in August, a Reuters poll suggested, adding to signs of deepening economic weakness which are shaking global financial markets. The official manufacturing Purchasing Managers’ Index (PMI) is forecast to edge down to 49.7, the weakest level since August 2012, from 50 in July, according to the median forecast of 20 economists in the poll…

Daily Forex Market Review 09/23/14 (+55 pips)

Today’s Trade Result: +55 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

China July manufacturing activity at fastest pace in 8 months

(Reuters) – Activity in China’s vast factory sector likely expanded at the fastest pace in eight months in July, a Reuters poll showed on Wednesday, adding to evidence that the economy is regaining momentum after a burst of government stimulus measures. China’s official manufacturing purchasing managers’ index (PMI) is expected to rise to 51.4 in July…

Top 10 Weekly Forex Market Headlines – 07.25.2014

1. Global stocks slip, dollar steady amid Ukraine, Gaza tension July 21, The U.S. dollar held steady against major currencies on Monday as investors reduced holdings of stocks and other risky assets on anxiety about escalating violence in Gaza and Ukraine. Demand for traditional safe-haven yen and Swiss francs persisted but it was not strong […]

Daily Forex Market Review 06/23/14 (+30 pips)

Today’s Trade Result: +30 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

Daily Forex Market Review 05/22/14 (+52.5 pips)

Today’s Trade Result: +52.5 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

China HSBC flash manufacturing PMI shows signs of stabilizing

China’s factories appear to be on the mend this month, according to an early gauge of activity in the country’s all-important manufacturing sector. HSBC said its “flash” measure of sentiment among manufacturing purchasing managers was 49.7 in May…

China factory activity to pick up in April, but further slowdown possible

(Reuters) – China’s factory activity may have picked up slightly in April as the government uses targeted measures to support the economy, a Reuters poll found, but the slowdown could continue due to a cooling property sector and the impact of structural reforms. The median forecast of 12 economists expected China’s official manufacturing purchasing managers’ index (PMI)…

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