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China's NBS Manufacturing PMI eases to 49.4 in July vs. 49.3 expected
China’s official Manufacturing Purchasing Managers' Index (PMI) edged a tad lower from 49.5 in June to 49.4 in July, the data published by the National Bureau of Statistics (NBS) showed Wednesday. The market consensus was 49.3 in the reported month. The index remained below the 50 mark, which separates expansion from contraction. The NBS Non-Manufacturing PMI declined to 50.2 in July versus June’s 50.5 figure, matching the estimated 50.2 print. AUD/USD reaction to China's PMI data The upbeat Chinese PMIs fail to impress the Australian Dollar, as AUD/USD sheds 0.64% on the day to trade near 0.6485, as of writing. ... (full story)
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China factory activity shrinks for third month in July amid tepid demand
China's manufacturing activity shrank for the third consecutive month in July, as demand remained subdued despite recent government stimulus in the world's second-largest economy. The country's benchmark purchasing managers' index came in at 49.4 for the month, the National Bureau of Statistics announced on Wednesday. The reading was lower than June's 49.5 and higher than a median forecast of 49.3 in a Reuters poll. The latest number, a five-month low, was again below the 50-point mark that separates growth from a contraction. China's gross domestic product grew 4.7% on the year in the second quarter, below ... (full story)
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From abs.gov.au|Jul 30, 2024The monthly CPI indicator rose 3.8% in the 12 months to June, down from a 4.0% rise in the 12 months to May. The annual movement for the monthly CPI indicator excluding volatile ...
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From abs.gov.au|Jul 30, 2024|1 commentThe Consumer Price Index (CPI) rose 1.0% this quarter. Over the twelve months to the June 2024 quarter, the CPI rose 3.8%. The most significant price rises this quarter were ...
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From channelnewsasia.com|Jul 30, 2024The Bank of Japan is expected to detail plans to taper its huge bond buying on Wednesday and debate whether to raise interest rates, signalling its resolve to steadily unwind a ...
From fxempire.com|Jul 30, 2024|1 commentOn Wednesday, July 31, Japan’s retail sales figures influenced USD/JPY demand. Retail sales increased 3.7% year-on-year in June, following a rise of 3.0% year-on-year in May. ...
From asahi.com|Jul 30, 2024The Tokyo District Public Prosecutors Office on July 30 searched the offices and home of Megumi Hirose, an Upper House member of the ruling Liberal Democratic Party, on suspicion ...
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- Posted: Jul 30, 2024 9:39pm
- Submitted by:Category: High Impact Breaking NewsComments: 0 / Views: 2,539
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