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PMIs Give Cause For Optimism Ahead of US Data

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 2, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Chinese Manufacturing in Contraction and Non-Manufacturing Not Picking Up the Slack The manufacturing sector has been in focus throughout the European session this morning, with PMI data for China, the U.K. and the eurozone driving sentiment at the start of the week. The data from China was a little uninspiring with both the official and Caixin readings remaining in contraction territory and growth in non-manufacturing, which includes services, cooling. Given the need for services to pick up

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