Chinese RatingDog Composite PMI (Jan) 51.6 (Prev. 51.3)
The rise in the Chinese Composite PMI to 51.6 from 51.3 indicates a slight strengthening in economic activity, signaling growth in the services and manufacturing sectors.
[MARKET ANALYSIS] Treasury futures are rangebound amid a lack of fresh pertinent drivers and as supply looms
[MARKET ANALYSIS] Oil remains firm on geopolitical risks, while gold reclaimed the USD 5,000/oz status
Chinese RatingDog Composite PMI (Jan) 51.6 (Prev. 51.3)
China's market regulator unconditionally approves CATL (3750 HK), Chery (9973 HK) and others joint venture formation
China's Vice Finance Minister says China is facing persistent headwinds and policy uncertainty
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This stable reading may support a positive outlook for recovery in China's economy, potentially influencing forex markets as investors reassess their currency positions in light of improved economic signals.
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