Blogs Posts Related To: China's economy stabilizing; export orders tick up
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- Blog Source: www.financial24.orgA separate PMI published by Hong Kong-based brokerage CLSA rose to a 10-month high of 51.2 from 50.1 in April, its second month above 50 . Both surveys showed a slight improvement in new export orders . The new export orders sub-index ...
- Blog Source: www.cnbc.comThe official purchasing managers' index (PMI) for May fell to 53.1 from 53.5 in April, the China Federation of Logistics and Purchasing (CFLP) said. It was the third straight month that the index, which the federation compiles on behalf of the ...
- Blog Source: www.livemint.comUS oil futures rose to the highest since early November at $67 a barrel, as investors shrugged off surprisingly soft South Korean export figures for May and concentrated on the China numbers, which also showed new export orders growing ...
- Blog Source: blog.taragana.comEconomists see the PMI as a better indicator of China's economic outlook than measures such as gross domestic product growth because it includes forward-looking elements such as new orders and exports. The CLSA index is based on a survey of about ....
- Blog Source: www.actionforex.comIn this vein, the US experienced several negative data surprises this past week (Chicago PMI, mortgage delinquencies, and weak housing data), but this only served to highlight the weak US outlook and exacerbate USD weakness. ... His ostensible
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