That’s an improvement from 48.3 last time and this will ease some of this morning’s ‘risk-off’ sentiment.
On the other hand, the reading is still below 50.0, signifying manufacturing industry contraction.
China HSBC flash PMI 49.1
Most Popular
- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- US January ISM manufacturing index 52.6 vs 48.5 expected
- market turbulence: Tesla tumbles, while Oracle soars
- January final US S&P Global manufacturing PMI 52.4 vs 51.9 prelim
- Scotia puts the silver rout into context and highlights huge opportunity for miners
- It's a good week to put the focus back on the macro economy
- investingLive European market wrap: Gold, silver catch a bounce as volatile swings persist
ADVERTISEMENT - CONTINUE READING BELOW
Telegram Community
Gain Access