OctaFX | OctaFX Forex Broker
Open trading account

France Markit Manufacturing PMI increase to 44.4 in Apr from 44 in Mar

Read more Previous

Asian markets fall on disappointing China HSBC PMI, Europe eyeing Markit PMI

Equity indexes in Asia had a risk-off day, with Mainland China’s Shanghai Composite (-2.60%) being hit the hardest after disappointing HSBC flash manufacturing PMI at 50.5 (mkt 51.5). “This downside miss gives credence to PBoC Governor Zhou weekend remarks about China is now aiming for "lower, sustainable growth". Consensus and the major institutions such as IMF still expect 8+% GDP growth this year, so there’s more work to do to lower expectations. TD at 7¾%”, wrote TD Securities analysts.
Read more Next
Start livechat