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Macro Events & News

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FX News Today China’s official manufacturing PMI improved to 50.2 in March, better than expected from 49.0 in February. The improvement leaves the index at or above the key 50 contraction/expansion threshold for the first time since the 50.0 in July of 2015. The 49.0 reading this February was the weakest reading since a matching 49.0 in November of 2011. The move back into (very modestly) expansionary territory is good news, suggestive of some stabilization in China’s manufacturing sector.

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