Top 10 Weekly Forex Market Headlines – 08.02.2013

1. IMF approves additional 1.7 billion euros for Greece bailout program July 30, The International Monetary Fund on Monday approved a further 1.7 billion euros ($2.3 billion) in funds for Greece’s bailout program after completing the fourth review of the cash-strapped euro zone state… 2. U.S. Q2 GDP beats forecast, expands at 1.7 percent July […]

India, China Manufacturing Shows Resilience as Europe Falters

Manufacturing in India and China improved in December, a sign the world’s fastest-growing major economies are withstanding Europe’s debt crisis.

Dollar Declines After China Manufacturing Report; Aussie Gains

The dollar fell against most of its major counterparts after a private report signaled manufacturing in China shrank at a slower pace this month than in July, supporting demand for higher-yielding assets.

China’s Manufacturing Growth Moderates on Tightening, Exports

China’s manufacturing slowed less than economists estimated in July even as smaller businesses were hurt by tighter credit and weakness in export demand.

China July Manufacturing Expansion Slowed to 50.7 in July

A Chinese manufacturing index was 50.7 for July compared with a previously reported 50.9 for June. The latest number was in a statement released today by the Beijing-based National Bureau of Statistics and the Federation of Logistics and Purchasing. Th…

China June Manufacturing PMI at 50.9

A Chinese manufacturing index was 50.9 in June compared with a previously reported 52 in May, the Beijing-based National Bureau of Statistics and the Federation of Logistics and Purchasing said in a statement today. A number above 50 indicates expansion.

China’s Manufacturing Grows at Slowest Pace in Nine Months

China’s manufacturing expanded at the slowest pace in nine months in May as the government extended a campaign to cool inflation and the property market, a survey of companies indicated.

Asian Stocks Fall on China Manufacturing, Moody’s Spain Review

Shared by Henry

another round of negative news plaguing the market today, and this time with China Manufacturing PMI leading the charge.
Asian stocks fell, dragging down the MSCI Asia Pacific Index by the most in more than three weeks, after Chinese…


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