China’s Caixin PMI Manufacturing registered a modest dip in September, dropping to 50.6 from previous 51.0. This reveals a deceleration in growth of the manufacturing sector, albeit still remaining in the expansionary range. According to the report, the second consecutive month saw an increase in both production and new orders. However, one area of concern […]
The post Beijing’s stabilization efforts tested as Caixin PMIs highlight growing economic challenges appeared first on Action Forex.
Daily Pivots: (S1) 0.8282; (P) 0.8298; (R1) 0.8308; More… Intraday bias in EUR/GBP remains neutral as range trading continues. Further decline is expected with 0.8446 resistance intact. On the downside, decisive break of 0.8259 will Read more…
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South Korea briefly stole the light from the French political chaos after President Yoon suddenly imposed the martial law yesterday accusing the opposition party – which holds the majority in the parliament – of paralysing Read more…