China Retail Sales Slip, Industrial Output and Jobs Data Weigh; Hang Seng Dips
Retail recession, job loss, and soft factory outputs are betting for China’s policy makers.
Tag: AUD/USD
Read More
RBA Governor Bullock Signals a Data-Dependent Policy Outlook; AUDUSD Slides
It was unanimous. There was no discussion about a large rate cut. The neutral rate is between 3.1% and 3.4%. RBA’s attention is made on what is happening with inflation rather than a specific neutral rate, what is happening with employment. We do not have a point guess where we can finish. The board will…
China Manufacturing Sector Contracts in July as Tariffs Bite: Hang Seng and AUD/USD Dip
Subscribe to information Scan QR Code to install the app Significant disconnectionThe materials provided on the website include general news and publication, our personal analysis and content provided by the third party, which are only for educational and research objectives. It does not form, and should not be read as any recommendation or advice to…
China’s Exports Surge, but US Tariffs Threaten Transshipments; Hang Seng Index Steadies
China’s export growth defies tariffs, but new American levy takes new risks on transmission. Hang Seng and Aud/USD responded as traders weigh China’s export benefits against the US cracks.
RBA Governor Bullock Hints at August Cut After Surprise Hold; AUD/USD Jumps
If the quarterly CPI shows inflation falling in the middle of the band over time, the RBA may cut interest rates in the next meeting. We have the opportunity to cut rates carefully and slowly to cut rates as the RBA did not increase rates at the levels to be seen elsewhere. RBA can cut…
China PMIs Diverge as Services Expand and Tariffs Hit Manufacturing; AUD/USD Holds Gains
In particular, the contract of manufacturing continued, mainly due to the influence of American tariffs. Demand and industry trends of manufacturing sector CN Wire revealed important trends in June PMI survey: Manufacturing production as demand for demand improved 0.3 percentage (PPS) to 51.0%. The new order index rose 0.4 pPS to 50.2, which is above…
China Deflation Signals Deepen, Raising Stakes for Trade Talks; AUD/USD Holds Gains
The prices of China’s consumer and manufacturer fall again, putting pressure on policy makers as the US and China prepare for trade talks.
China Retail Pullback Tests Beijing’s Consumer-Driven Strategy; Hang Seng Climbs
Retail sales are ease, but falling unemployed rates indicate stimulation traction between US-China trading stresses.
China Inflation Report Signals Weakening Demand ahead of US-China Trade Talks
China’s deflation risks proceed to American trade dialogue, pressurizing the spirit and potentially hangs the Seng index support.
China GDP Beats Forecasts Despite Tariff Pressures; AUD/USD and Hang Seng React
Beijing’s excitement offers the headwind of the trade war in early 2025, consumed and picks up jobs.
China Caixin Services PMI Rises to Three-Month High 51.9; Hang Seng Index Reacts
More information in our economic calendarExpert views on China’s service sector Dr. Wang Ze, Senior Economist of Caxin Insight Group, Comment: “Market optimism was maintained. The indicators for future activity expectations were measured less than February, but remained in the field of expansion. Service providers had expected future policy support at home. However, some expressed…
China Caixin Manufacturing PMI Boosted by Export Orders; Hang Seng Index Reacts
Hang Seng, Australian dollars react to China’s PMI as there is a brace for American tariff decisions in the markets.
China Imports Slump in Combined January and February Data; AUD/USD Slides
China’s exports are slow, imports are 8.4%decrease -concerns on weak demand in the form of American tariff loom. Will the stimulation of Beijing offset the effect?
China NBS Manufacturing PMI Rebounds in February as US Tariffs Loom
In particular, the manufacturing sector expanded after a brief contract in January, the first contraction after Q3 2024. Manufacturing recovery and industry trends CN Wire highlighted major trends in February PMI data: The manufacturing sector saw the expansion of demand and production after a January contraction. Industries reporting PMI above 54.0 included non-Father metal smelting…