Oil Prices Falls on Weak China Data, Stronger US Dollar
Oil prices tumble on stronger dollar and weak Chinese data, raising demand concerns.
Source: news18.com
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Chinese manufacturing and services activity drops as zero-Covid policies take their toll
China’s official manufacturing purchasing managers’ index (PMI) fell to 47.4 in April, down from 49.5 in March, while the official non-manufacturing PMI dropped to 41.9 from 48.4 last month, data released on Saturday showed.
Source: scmp.com
China's economic sentiment down more than expected in April as growth cools
China’s non-manufacturing purchasing managers’ index (PMI) fell to 54.9 in April from 56.3 in March, while the official manufacturing PMI fell to 51.1 in April from 51.9 in March.
Source: scmp.com