Weak China data dampens global sentiment

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 1, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Global Markets The global markets became cautious in the early trading sessions of Monday morning following a batch of soft China PMI reports for January which signaled further weakness in the health of the world’s second largest economy. Both manufacturing and Caixin manufacturing PMI announcements were contracting and this visible deterioration intensified the growing anxieties around the slowdown in economic momentum in China. For an extended period economic data from Beijing has repeatedly

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