Chinese RatingDog Manufacturing PMI (Jan) 50.3 vs. Exp. 50.3 (Prev. 50.1)
The Chinese Manufacturing PMI for January coming in at 50.3, matching expectations and showing an improvement from the previous 50.1, signals stable conditions in the manufacturing sector.
[MARKET ANALYSIS] T-note futures are lacklustre amid partial government shutdown and heading into an event-packed week
[MARKET ANALYSIS] Commodities retreat amid demand-related headwinds and after last Friday's historic collapse in gold prices
Chinese RatingDog Manufacturing PMI (Jan) 50.3 vs. Exp. 50.3 (Prev. 50.1)
PRE-MARKET CHINESE STOCKS NEWS: Chinese official PMIs slipped into contraction territory
PBoC injects CNY 75bln via 7-day reverse repos with the rate at 1.40%
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This result, close to the neutral 50 mark, suggests ongoing resilience in China's economy, which is important for global markets, particularly in commodities and currencies correlated with Chinese demand. Traders should keep an eye on how this data influences sentiment across risk assets today.
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