In June, manufacturing activity in Asia's tech producing economies extended, backed by surging global demand for electronics products, although headwinds in external markets could suggest a moderation in surge during the second half of 2017.
In Asia, private sector polls of manufacturers demonstrated the factory sectors of South Korea, China, Japan as well as Taiwan picked up in June, powered mostly by a revival in exports.
However, ongoing dips in energy prices that weighed on manufacturing activity in Malaysia and Indonesia, could affect these two economies going forward, as financial experts stress. Besides this, in India, sluggish domestic demand compensated strong foreign demand and provoked a manufacturing slowdown in June.
Factory Purchasing Managers' Indexes for Vietnam, South Korea, Taiwan, Japan and India all stood above the 50-mark, separating expansion from contraction on a monthly basis.
On Thursday, American leader Donald Trump unveiled that he generally disliked the Fed’s decision to have interest rates lifted, telling that he was concerned about their probable impact on the American economy as well as American competitiveness…
Inflation data is the most important indicator that affects the central bank’s monetary policy.
Although yesterday the US dollar index closed at the low level comparing to the daily movement, today it has been moving up again.
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
