In October, euro zone inflation demonstrated its fastest tempo for almost six years, powered by energy prices…
China September factory activity is seen tumbling at a slightly slower pace
In September, China's factories managed to spur activity for the 14th straight month because the country's year-long building boom as well as higher prices earned hearty revenues, although the tempo of surge might have slumped moderately from August.
On Sunday, the official manufacturing Purchasing Managers' Index is believed to show 51.5 for September, decreasing marginally from August's outcome of 51.7. It follows from a median prediction of 24 financial experts surveyed by Reuters.
China's manufacturers reported sturdy earnings, powered by a government-led infrastructure spending spree, firmer factory-gate prices as well as recovering exports.
In August, revenue ascend at Chinese industrial companies at the fastest monthly tempo in four years because of higher commodity prices, as data disclosed on Wednesday.
Concerns as for a steep sag in demand in the nearer months have caught China iron ore futures tumble more than 20% since August, although steel prices have kept going up.
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On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…