expected

Over the weekend, we got the official PMIs:China Manufacturing PMI for August 49.1 (49.5 expected), Services 50.3 (50.0 expected)More details:The Caixin S&P Global Manufacturing Purchasing Managers' Index was much better, at 50.4.From…

Previous was +2.6%Core Personal Spending +0.2% MoM vs. +0.2% Expected (Unrounded +0.161%)Previous M/M +0.2%Core PCE inflation rose to +2.5% YoY vs. +2.6% expected (+2.5%)Deflator +0.2% MoM vs. +0.2% Expected (previous was +0.1%)Unrounded…

Official China PMI for August 2024 from the National Bureau of Statistics (NBS)More to come --The Chinese economy has shown, and continues to show, an uneven and unbalanced recovery. Key areas of concern include:Uncertain outlook for…

The initial score was 67.8.It was previously 66.4Current conditions 61.3 vs. 60.9 in initial test (62.7 in previous test)Expectations 72.1 vs 72.1 in the preliminary test (68.8 in the previous test)Inflation over one year 2.8% vs. 2.9%…

High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss.…

The People's Bank of China is scheduled to set the exchange rate of the US dollar against the Chinese yuan at around 0115 GMT.The People's Bank of China, the central bank of China, is responsible for setting the daily midpoint of the yuan…

The People's Bank of China is scheduled to set the exchange rate of the US dollar against the Chinese yuan at around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan…

The People's Bank of China is scheduled to set the exchange rate of the US dollar against the Chinese yuan at around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan…

The final score for July was 66.4.Current conditions 60.9 vs. 62.7 previouslyExpectations 72.1 vs. previous 68.8Inflation over one year 2.9% vs. 2.9% in the previous yearInflation over 5-10 years 3.0% vs. 3.0% previouslyOverall,…

23 out of 25 economists expect interest rates to be cut by 25 basis points next OctoberOf the remaining two banks, one expects a 50 basis point rate cut and the other expects no change.23 out of 25 economists expect the Reserve Bank of New…