Chinese Yuan Weakens Despite Bullish Manufacturing Data

Apr 02,2019 16:42   Source:Earnforex
The Chinese yuan is weakening against some of its currency rivals on Tuesday, despite a myriad of data that suggests the economy might be rebounding as the year progresses. Should investors be optimistic, or should they maintain a modicum of skepticism? Last month, the manufacturing sector experienced a surprise return to growth, buoyed by the federal government’s efforts to stimulate the economy. The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) increased to 50.8 in March, beating the median […]

沪ICP备13043996号-3  TradeQQ Media Group 汇讯通