-
Caixin China General Services PMI: Services activity growth accelerates in March
March PMI data revealed that China's service economy further expanded at the end of the first quarter of 2024. Moreover, the pace of business activity growth accelerated in March with new business rising at the quickest rate in the year-to-date. Business confidence also improved, although employment levels declined amid evidence of reduced capacity pressures. Input cost inflation across China's service sector meanwhile eased in the latest survey period, resulting in average selling prices rising at a slower pace. The seasonally adjusted headline Caixin China General Services Business Activity Index rose to 52.7 in ... (full story)
- Comments
- Subscribe
-
- Older Stories
From home.saxo|Apr 2, 2024In the forex market, broad dollar strength continued ahead of the Easter break, most notably against CHF (-1.9%), GBP (-1.2%), and NZD (-0.8%). Overall, it drove a second week of ...
From @financialjuice|Apr 2, 2024post:
PBOC SETS YUAN MID-POINT AT 7.0949 PER DOLLAR VERSUS LAST CLOSE OF 7.2320PBOC sets USD/ CNY mid-point today at 7.0949 (vs. estimate at 7.2282) The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. • USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate. • CNH is the offshore yuan. USD /CNH has no restrictions on its trading range. • A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC. The previous close was 7.2320. PBOC injects 2bn via 7-day RR, sets rate at an unchanged 1.8% • 250bn yuan of RRs mature today. • Thus net 248n yuan drain on the day in OMOs.
From cmegroup.com|Apr 2, 2024CME Group, the world's leading derivatives marketplace, today reported its March and Q1 2024 market statistics, showing average daily volume (ADV) reached 24.3 million contracts ...
-
- Newer Stories
From youtube.com/elliott_wave|Apr 2, 2024Commodity Market Elliott Wave Analysis for Bitcoin, TLT Bonds, US 10 Yr. Yields, USD/ DXY, Gold, Silver, Uranium, Crude Oil, Natural Gas. Commodity Market Elliott Wave Analysis ...
From cboe.com|Apr 2, 2024Implied volatilities fell across asset classes last week in a week in a holiday-shortened week, with the notable exception of gold. GLD 1M implied vol jumped over 2 pts to 13.4% ...
From sbs.com.au|Apr 2, 2024A powerful earthquake off the coast of Taiwan has rocked Taipei, knocking out power in several parts of the capital and sparking a tsunami warning for the islands of southern ...
- Story Stats
- Posted: Apr 2, 2024 9:45pm
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 2,618
- Linked event:
