Chinese manufacturing slows down further

Note: This section contains information in English only.
Source: Marketwatch

In December China Purchasing Managers' Index dropped to 48.7, compared to preliminary reading of 49.0, said HSBC who issued the survey. Level below 50 is indicating contraction. The survey showed the weakest reading on a quarterly basis since 2009. Although speed of slowdown is alleviating, weakening exports demand is harming the growth, said Hongbin Qu, HSBC economist. 

Back to articles

Actual Topics

Fri, 30 Dec 2011 08:45:48 GMT

US pending house sales surge to 19-month high

US pending home sales increased essentially in November, approaching 19-month high. The pending home sales index jumped by 7.3% last month while analysts expected only 1.5% increase, reported the National Association of Realtors. The jump may be a result of delayed transactions, said Lawrence Yun, chief economist. After the release of data, USD advanced against the Euro and the pair EUR/USD was traded at 1.2928,

Fri, 30 Dec 2011 08:36:27 GMT

Asian stocks recover on last trading session for 2011

On Friday Asian markets managed partly recover from previous days' losses and traded higher on the last trading session in 2011. Japan's Nikkei Stock Average and Hong Kong's Hang Seng Index each gained 0.5%, while China's Shanghai Composite advanced 0.9%. Only Australia's S&P/ASX 200 index extended losses and was down 0.4%. Markets in South Korea were shut for a holiday.

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.