Chinese Manufacturing PMI Data Slightly Better than Expected – What Lies Ahead for China?

Today saw China post key Manufacturing PMI and Non ManufacturingPMi data. Numbers were slightly better than expected. Non manufacturing PMI came in at 54.4, while analysts forecast 53.49, while Manufacturing PMI came in bang on the money, meeting analysts expectations of 49.7. This is likely to have negligible effects on the market at open. More important export and import data […]

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International Monetary Fund Predicts Disappointing Global Economic Growth in 2016

The International Monetary Fund (IMF) announced on Wednesday that the global economic growth outlook for 2016 will be disappointing. The outlook for medium-term has also deteriorated, according to the IMF. Christine Lagarde, IMF managing director, stated that China’s slowing economy and the U.S.’s decision to raise interest rates are contributing to uncertainty in the world’s global markets. The director also […]

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All Stocks Crashing at the Start of the Year

The latest report from a conglomeration of sources indicates that every single stock is crashing. Data were compiled from the first two weeks of trading, revealing this disturbing trend. Oil stocks are declining with the falling prices of barrels. Precious metal prices are falling, well, because nobody wants them anymore. One metals industry executive said that she did not need […]

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