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S&P revises China's credit outlook, NFPs in focus

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Forex News and Events S&P revises China’s credit outlook to negative (by Arnaud Masset) Chinese manufacturing PMI surprised massively to the upside, suggesting that the effects of the several rounds of easing undertaken by the PBoC, together with the government’s fiscal stimulus did actually help the economy to adapt to the “new normal” of slower growth. The official manufacturing PMI passed the 50 mark that separates growth from contraction, printing at 50.2 in March from 49 in February

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