The Traderszone Network

Published in TZ Latest News 18 September, 2015 by The TZ Newswire Staff

Eyes on PMIs for clues after Fed keeps markets guessing

Business confidence data from China and the euro zone will offer some pointers this week to where the global economy is going after the U.S. Federal Reserve kept markets guessing about when it will begin raising rates. With a Chinese slowdown blamed for spooking the Fed last week into postponing a rate hike, China’s flash manufacturing purchasing managers’ index on Wednesday will be closely watched for signs of deterioration in the world’s second-biggest economy.