GOOGLE NEWS · USD/TRYem fx
Chinese Yuan Steady As China Manufacturing PMI Slips To Neutral Growth Level - Exchange Rates Org UK
From the original
Chinese Yuan Steady As China Manufacturing PMI Slips To Neutral Growth Level Exchange Rates Org UK
Related speeches
4 itemsGOOGLE NEWS
Chinese Yuan: PMI resilience but trade risks grow – Commerzbank - FXStreet
ING THINK
China’s mixed PMI data suggests economy is muddling through
ING THINK
China PMI edges higher, but second-quarter slowdown still likely
The desk posits that while China's manufacturing PMI has shown some signs of recovery, it does not signal a broader economic turnaround, with potential policy implications stemming from sluggish domestic demand. Per the full note from ING, the June PMI rose to 50.3, slightly better than market expectations of 50.1, yet suggests that a second-quarter slowdown remains probable. This mixed data could lead to expectations for increased policy support ahead of the July Politburo meeting, indicating a more cautious outlook among traders ahead of upcoming policy decisions.
More from GOOGLE NEWS · USD/TRY
5 items- GOOGLE NEWS · USD/TRY
Citi cuts Strategy target as Bitcoin forecast revised lower - Yahoo Finance
- GOOGLE NEWS · USD/TRY
Citi cuts Strategy target as Bitcoin forecast revised lower - Investing.com
- GOOGLE NEWS · USD/TRY
Citi cuts Bitcoin, Ethereum price targets on negative ETF flows (BTC-USD:Cryptocurrency) - Seeking Alpha
- GOOGLE NEWS · USD/TRY