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 Faces Trade Showdown as Tariff Truce Masks Deepening Strains

In particular, Trump’s request followed the China-Russia-backed Shanghai Cooperation Organization (SCO). President Vladimir Putin and Indian Prime Minister Narendra Modi attended the summit. Targeting China through the European Union, the US has also resumed trade talks with India. Announcing progress towards a deal, President Trump said: “I am happy to declare that India and the…

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