Chinese data open the new year, the Caixin PMI increases
The private Caixin PMI for the Chinese economy released this morning rose to 50,8 points. which means that the activity of factories in the Middle Kingdom has increased, which is the result of, among others, more new orders. Trust [...]
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SEPTEMBER 2, 2023
Americans avoided the "shutdown". “Relief” rally?
The report on American spending, which included the Fed's preferred measure of inflation, did not surprise in any way. The basic indicator decreased, as expected, and the basic indicator increased. The month-on-month dynamics decreased. [...]
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1 March 2023
Chinese recovery, normalization of supply chains
The February PMIs for China, released tonight, suggest that the Asian economy has started the year strong. There is a significant increase in production. The official manufacturing PMI rose to 52,6 points. [...]
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