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
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
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.
Related headlines
- [MARKET ANALYSIS] Dollar takes a breather and holds on to post-FOMC spoils25 min ago
- PBoC is expected to set USD/CNY mid-point at 6.7241 (prev. 6.7628)2 hours ago
- US President Trump says Iran war will end soon because Iran cannot go on and it is going to be a really good conclusion2 hours ago
- US President Trump is expected to meet Gulf leaders on the sidelines of the UN General Assembly in New York next Tuesday to discuss next steps in the war with Iran, according to Axios3 hours ago
- US President Trump says Fed Chair Warsh has a tough board and he still has confidence in Warsh, also notes interest rates are too high and not appropriate4 hours ago
- US President Trump posts interest rates in the US should be 1% or less; "LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST!"6 hours ago
- Fed Chair Warsh says yet for more than 5 years, inflation has been running above target8 hours ago
- FOMC Summary of Economic Projections: Only 18 of 19 members submitted forecasts (expectations were for Warsh to not submit forecasts)9 hours ago
- Newsquawk Daily Economic Releases - 17th September 202613 hours ago
- China's chief trade negotiator Li Chenggang met with a business delegation to discuss issues including China-US economic and trade21 min ago
- [MARKET ANALYSIS] T-note futures are contained following post-FOMC selling51 min ago
- US President Trump says very close to a deal with Mexico and we don't need anything Europe has, also questions why should the US carry Canada3 hours ago
- US Treasury Holdings (July, USD): Japan 1.104tln (prev. 1.117tln), China 618bln (prev. 633bln), UK 998bln (prev. 940bln). 7 hours ago
- [MARKET UPDATE]: Hawkish reaction with stocks, bonds and gold falling while the Dollar rises after the Fed hiked rates in unanimous decision, dot plots pencilled in one more hike this year, and Warsh emphasised commitment to price stability7 hours ago
- Fed Chair Warsh (Q&A): Believe that the unemployment rate is basically running consistent with full employment and don't believe that we need to do harm to the labour markets to achieve its objective8 hours ago
- Fed Chair Warsh (Q&A): Sees 3 reasons bond yields have risen; 1) Economic strength; 2) Capital Expenditures and surge in capex is real; 3) Geopolitics8 hours ago
- Fed Chair Warsh (Q&A): Was not waiting breathlessly on what any particular data was, whether it was retail sales this morning or a CPI print last week; reiterates trends matter and data points are noisy8 hours ago
- Fed Chair Warsh (Q&A): Asking what changed between now and July; data has shown economy has strengthened and at Jackson Hole said inflation trends weren't passing the test, and seeing very little information since to reverse that, so have stuck with it8 hours ago
- Fed Chair Warsh (Q&A): Can't effect any individual prices in regards to oil, but what we can do, and will do, is ensure that any change in relative prices don't broaden out, don't have second and third-order effects on the economy8 hours ago
- Fed Chair Warsh says in July expressed joint readiness to act and the FOMC decided that this standard has not been satisfied and the committee's unanimous vote shows our resolve to achieve price stability on a timelier basis8 hours ago
The whole workspace, free to try.
Try it free