China’s Caixin Services PMI improves to 48.0 in December vs. 47.5 expected
China’s Caixin Services PMI for December arrived at 48.0 vs. 47.5 expected and 46.7 prior, showing that the country’s
Financial and Business News
China’s Caixin Services PMI for December arrived at 48.0 vs. 47.5 expected and 46.7 prior, showing that the country’s
According to a survey conducted by the World Economics Survey, China’s Business Confidence Index dropped to
China’s November Retail Sales YoY, slumped 5.9% vs. 3.6% expected and -0.5% previous while the country’s Industrial
NZD/USD regains some positive traction on Tuesday amid a modest USD downtick. A positive risk
USD/CNY trades slightly below the 7 level. In the view of economists at Commerzbank, the
China’s Consumer Price Index (CPI) softened to 1.6% in November on an annualized basis when
China’s Trade Balance for November, in Chinese Yuan terms, came in at CNY494.3 billion versus
AUD/USD regains some positive traction and draws support from a combination of factors. The easing
USD/CNY rose to 7.2145 yesterday from 7.1160 at the end of September. Economists at Commerzbank
Gold price fades bounce off three-week-old horizontal support. Covid updates from China offered intermediate bounce