China's PMI reaches 13-month high in March

Source: WBP Online
The Caixin PMI in China rose to 49.7 in March from 48.0 in February, reaching the highest level in thirteen months as output grew for the first time in a year. The increase in the index indicates that the monetary and fiscal stimulus activities implemented by Chinese government have begun to take effect, despite the fact that foreign demand remained weak and dragged on output growth. 
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Wed, 06 Apr 2016 13:44:06 GMT

Kiwi loses 0.9% versus Greenback on NZX

The New Zealand Dollar traded lower against the US Dollar on the New Zealand Stock Exchange by 12:30 GMT on Tuesday. The Kiwi dropped almost 0.9%, trading at $0.6774 ahead of the North American trading session. The New Zealand Dollar lost around 1% so far this year, registering its biggest decline of 6% in January.

Wed, 23 Mar 2016 16:01:24 GMT

US home sales grow 2% in February

The Commerce Department reported that home sales in the US jumped by 2% on a monthly basis in February to an annual seasonally adjusted pace of 512,000. In addition, there are more signs showing US housing market strength as the total quantity of houses for sale at the end of February was at the highest levels since October 2009 and

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