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China's factory activity expands at fastest clip in 14 months, Caixin PMI shows

China's manufacturing
activity expanded at the fastest pace in 14 months in April,
driven by a solid uptick in new export orders, a private survey
showed on Tuesday, an encouraging sign for an economy...
-April 29, 2024 at 09:52 pm EDT
- MarketScreener

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China's Factory Activity Expands at Fastest Clip in 14 Months, Caixin PMI Shows

China's Factory Activity Expands at Fastest Clip in 14 Months, Caixin PMI Shows
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China's factory activity expands at fastest clip in 14 months, Caixin PMI shows | WKZO | Everything Kalamazoo

BEIJING (Reuters) - China's manufacturing activity expanded at the fastest pace in 14 months in April, driven by a solid uptick in new export orders, a private survey showed on Tuesday, an encouraging sign for an economy still struggling to mount a...

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China's factory activity expands at fastest clip in 14 months, Caixin PMI shows

China's factory activity expands at fastest clip in 14 months, Caixin PMI shows
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China's factory activity expands at fastest clip in 14 months, Caixin PMI shows

China's factory activity expands at fastest clip in 14 months, Caixin PMI shows
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China's factory activity expands at fastest clip in 14 months, Caixin PMI shows

China's factory activity expands at fastest clip in 14 months, Caixin PMI shows
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Australian Dollar Hurt By Retail Sales Dip, GBP Recovers Vs AUD

Australian Dollar Hurt By Retail Sales Dip, GBP Recovers Vs AUD
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Pound Australian Dollar (GBP/AUD) Stable Amid Growing Chinese Manufacturing Sector

Pound Australian Dollar (GBP/AUD) Exchange Rate Stable amid Growing Chinese Manufacturing Sector

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China's Caixin PMI services edges up to 52.7, matches expectations

China's Caixin PMI Services edged up slightly from 52.5 to 52.7 in March, matched expectations. PMI Composite, which tracks both manufacturing and service sectors, also increased from 52.5 to 52.7, indicating the most pronounced expansion of overall business activity since May 2023.

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Dollar Sees Mild Retreat Ahead of ISM Services, Gold Extends Record Run

Dollar retreated mildly following comments from two FOMC members, including a known hawkish figure, reiterating expectations for three interest rate cuts within the year. Despite this, the retreat remains subdued as there is no guarantee yet for a June cut. Fed's approach continues to be heavily influenced by incoming data. The greenback's next move will hinge on today's ISM Services data, as well as Friday's Non-Farm Payrolls.

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