Macro Monday 44
The China NBS PMI and Manufacturing Caixin PMI
(both released Tuesday 30th April 2024)
China NBS General PMI – Surveys by 3,200 large corporations
▫️ Provided by the National Bureau of Labor Statistics
▫️ Based on a large sample size surveying 3,200 companies across China.
▫️ The NBS PMI has a stronger focus on larger state-owned...
The Australian dollar is showing strong gains for the first time in a week. AUD/USD is trading at 0.6764 in Europe, up 0.53%.
Australia's inflation fell to 7.4% in January, down from 8.4% in December and below the estimate of 8.0%. Australian Treasurer Jim Chalmers said that he was "cautiously hopeful" that inflation has peaked, but inflation still remained the...