China’s run of low consumer inflation continues. And PPI continues to deflate y/y. The m/m PPI was +0.4%, rising oil a factor pushing it higher. Of more interest will be the trade data due some time around 0300 GMT (11pm US Eastern time). The release time is flexible. This article was written by Eamonn Sheridan
Earlier this week Li Xiaopeng, former party chief and chairman of China Everbright Group, was expelled from the Chinese Communist Party (CCP) and his post. Reasons cited were severe violations of party discipline and Chinese laws including accepting bribery, illegally holding stakes in non-listed companies, and power abuse. The talk is now he is to
Share: With the Chinese Yuan depreciating against the US Dollar, keeping the USD/CNY pinned into yearly highs, economists at Nataxis note that things could continue to deteriorate for the Renminbi as foreign direct investment in China has collapsed recently, sparked by hostility from the Chinese government towards foreign corporate entities and a slumping
© Reuters. FILE PHOTO: Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration/File Photo By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) – The dollar stalled and the euro ticked up on Tuesday as investors reacted to a sharp drop in U.S. bond yields on
Mon: EZ Sentix Index (Oct) Tue: Nil Wed: EIA STEO, US PPI (Sep). FOMC Minutes Thu: ECB Minutes, OPEC MOMR, IEA OMR, UK GDP (Aug), US CPI (Sep) Fri: Chinese Inflation (Sep), Chinese Trade Balance (Sep), EZ Industrial Production (Aug), US University of Michigan Prelim Note: Previews are listed in day order FOMC Minutes (Wed):
Crude Oil, WTI, China – Q4 Top Trade Opportunity: Crude oil prices might have ran too far in Q3 Chinese imports tend to be a key driver of WTI Might a slowing China pressure oil prices? Recommended by Daniel Dubrovsky Download the complete selection of Q4 top trades Crude Oil Prices Might Have Ran Too
China Caixin Manufacturing PMI came in at 50.6 below forecasts (51.2) in September لینک منبع : هوشمند نیوز
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China NBS Manufacturing PMI above forecasts (50) in August: Actual (50.2) لینک منبع : هوشمند نیوز
China manufacturing PMI Manufacturing PMI 50.2 vs 50.0 (prior 49.7) Non-manufacturing PMI 51.7 vs 51.5 expected (prior 51.0) The official manufacturing PMI is the important one and it rose above 50 for the first time since March 2023. That line signals expansion/contraction, so while it’s a small beat on expectations, it’s an important one. Notably,
