China Manufacturing Margin Pressures Return and Job Losses Mount; AUD/USD Dips

China policy promotes spirit The September PMI data followed the latest pledge of Beijing to increase the economy. According to CN Wire, China’s NDRC allegedly planned to be responsible for continuing macro policies and changing economic conditions. Beijing will also present further consumer subsidy to promote demand among other measures. Monday’s announcement takes place at…

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China Services PMI Signals Margin Pressures; AUD/USD and Hang Seng Drop

Audusd – 3 Minute Chart – 030925What will happen next? US-China business talks in focus Last week, China’s Chief Trade Dialogue, Lee Chenggang met US authorities to discuss the current trade terms. Further progress towards the American-China trade deal may promote the spirit. However, the China Summit may criticize President Trump, challenges expectations for better…

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China NBS Manufacturing PMI Signals More Sector Woes as Trade Talks Resume

More information in our economic calendarMajor PMI Survey Difference NBS PMI mainly tracks large state -owned enterprises across China, while Caxin PMI focuses on small middle -sized firms in particularly coastal areas. As a result, Caixin PMI often provides a more comprehensive picture of private sector performance. Many major developments can determine the market spirit:…

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