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All cylinders are clicking for China’s Economy, Manufacturing PMIs roar to highest levels in 11 years, Services remain solid. Yuan rallies, Aussie slips on soft GDP print
Global stock market turmoil might not be here to stay. Both China stocks and the yuan rallied after China PMIs show the economy is making a strong comeback. This round of data was very impressive. China’s February Manufacturing PMI rose to 52.6, the highest levels since April 2012, crushing the 50.6 estimate. Non-Manufacturing (Services) PMI […]...
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Posted: Mar 1 2023, 01:54
Author Name: marketpulse
Views: 110762