posted byfx360 663 days ago
in USD, EUR, Dailymade popular 663 days ago
Chinese PMI contracted for the first time in 17 months with the HSBC Manufacturing gauge printing at 49.4 versus 50.4 the period prior. The official PMI reading issued on Sunday saw a more modest decline to 51.2 from 52.1 in June. The data confirmed market expectations that Chinese economy is slowing as officials try to curb the country's real