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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August 23 2023
S&P Global downgrades US bank ratings
S&P Global downgraded its credit ratings and outlook for a number of U.S. regional banks on Monday, saying higher funding costs and problems in the commercial real estate (CRE) sector [...]
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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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August 23 2022
Black clouds over the European economy
The pressure of sellers on the euro could drive the main currency pair EUR / USD below parity. As a result, in the fourth week of August 2022, we can observe the levels from the end of 2002.