China’s Caixin Manufacturing PMI edged down to 50.1 in January from 50.5 in December. According to Caixin Insight Group, manufacturers saw improved logistics and a slight pickup in supply and demand. However, employment levels deteriorated notably, and new export orders remained weak, reflecting sluggish global demand. External risks also remain a key concern, with rising […]
The post China’s Caixin PMI manufacturing slips to 50.1, growth momentum weakens appeared first on Action Forex.
GBP is left vulnerable given the UK’s fragile position with a high public debt, public deficit and current account deficit. BoE preview – we expect the BoE to reiterate the message of a favouring gradual Read more…
Risk sentiment is on the floor this morning after Donald Trump imposed 25% tariff on most Mexican and Canadian imports and 10% tariff on Chinese imports which will take effect from tomorrow – a move, Read more…
In focus today Today, focus turns to French politics as lawmakers reach the final stage of negotiating a budget agreement. Sources indicate that Bayrou intends to reduce the public deficit to 5.4% of GDP from Read more…