China's services expand at slowest pace since September 2012

Note: This section contains information in English only.
Source: Reuters
The Chinese service sector growth slowed down to its lowest pace in a five-month period in February, adding to concern that the world's second largest economy recovering slower than expected. The country's non-manufacturing purchasing managers' index (PMI) stayed at the level of 54.5 recording its slowest expansion pace since last September, compared to January's 56.2.
Back to articles

Actual Topics

Mon, 04 Mar 2013 10:49:04 GMT

U.S. equities higher on Friday

U.S. equities advanced on better-than-forecast economic data that offset concerns over budget spending cuts and Italian parliamentary election. The Standard's & Poor's 500 Index rallied as much as 0.2% to close at 1,518.20 on Friday. The gauge has rallied 1.1% in February, extending its gains for a fourth consecutive month. Seven out of ten groups in the gauge edged higher.

Mon, 04 Mar 2013 10:27:03 GMT

Yen rises as Chinese shares decline on tighter property market measures

The Japanese currency strengthened broadly as a notable decline of Chinese shares due to the Japan's government announcement about stronger curbs on mainland's property market made investors to buy Yen. The U.S. dollar tumbled 0.4% to 93.32 yen, while the Japan's currency rose 0.7% against the Australian dollar to 94.76.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX 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.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
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.