China's services sector stalls on new order decrease

Note: This section contains information in English only.
Source: Reuters
The service sector in China posted its slowest growth in eight months time on the account of new orders, which had their first decrease since 2008. The non-manufacturing PMI slid to 54.0 for the month of September, a four point dip from August. Generally, a score over 50 indicates a growing economy. China's economy is stalled by the abating activity in the real estate market. The slide raised speculations on the mortgage rate cut and its defectiveness to jump-start the economy.
Back to articles

Actual Topics

Fri, 03 Oct 2014 08:09:05 GMT

Greenback gains on job growth

The U.S. Dollar managed to post gains versus the Yen for the first time in three days as economists expect that employers will have created the biggest amount of new employment positions in three months time in September. The Dollar gained modest 0.5% percent to 108.91 Yen early morning in London after having fallen 1.1% in total for the last

Fri, 03 Oct 2014 07:29:28 GMT

Oil at two-year low after Saudi price cut

Saudi Arabia decided to decrease its official selling price of oil, causing global oil prices to fall to their lowest  in over two years time. Other contributing factors to the price dip are increased U.S. output, worries over a global supply glut, and decreasing global demand. Overall, Brent crude lost more that 1%, sliding to $93, which is its lowest since mid-2012. Light crude has not

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.