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As expected, the Federal Open Market Committee (FOMC) kept the policy rate unchanged, although two members dissented from the decision, Barclays stated. Federal Reserve Chairman Jerome Powell remained composed under strong pressure for an immediate rate cut, delivering hawkish remarks without providing new guidance on the future...
In July, China's non-manufacturing business activity index reached 50.1, shy of the market expectation of 50.2, down 0.4 ppts from the previous month but still above the critical point, according to the performance of China's non-manufacturing Purchasing Managers' Index (PMI) announced by the Service Industry Survey ...
China’s Manufacturing Purchasing Managers' Index (PMI) sagged to 49.3 in July, below the market expectation of 49.7, and down 0.4 ppts from the previous month, indicating a decline in the manufacturing sector's prosperity level, according to the data of the National Bureau of Statistics (NBS)’s Service Indust...
Retail Sales MoM for June in Australia is 1.2%, higher than the previous value of 0.2%. The forecast was 0.4%.~AAStocks Financial NewsWeb Site: www.aastocks.com
China Foreign Exchange Trade System (CFETS) announced on Thursday (31st) that the central parity of USD/ RMB sank 53 bps from the previous day to 7.1494. ~AASTOCKS Financial NewsWebsite: www.aastocks.com
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