29 February, 2016 by The TZ Newswire Staff Comments Off on Yen in favor as China stimulus underwhelms, euro pressured
Yen in favor as China stimulus underwhelms, euro pressured
The yen was firmer early in Asia on Tuesday, having powered to a two-year high on the euro as investors sought the safe-haven Japanese currency
29 February, 2016 by The TZ Newswire Staff Comments Off on Japan – Nikkei Manufacturing PMI for February (final): 50.1 (Flash was 50.2)
Japan – Nikkei Manufacturing PMI for February (final): 50.1 (Flash was 50.2)
Japan – Nikkei / Markit Manufacturing PMI for February (final) in at 50.1
– Flash was 50.2
– Prior was 52.3
29 February, 2016 by The TZ Newswire Staff Comments Off on China – Caixin February manufacturing PMI: 48.0 (expected 48.4)
China – Caixin February manufacturing PMI: 48.0 (expected 48.4)
Caixin February manufacturing PMI 48.0. Another miss from data today
– expected is 48.4, prior was 48.4
–
We got official PMIs from China a little earlier:
29 February, 2016 by The TZ Newswire Staff Comments Off on Activity at China’s factories shrinks, again
Activity at China’s factories shrinks, again
Twin gauges of Chinese factory activity revealed slowing growth in February, underpinning the case for stimulus.
29 February, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Hong Kong booksellers confess on TV to illegal sales
The Wall Street Journal: Hong Kong booksellers confess on TV to illegal sales
Four Hong Kong booksellers who had vanished and later reappeared in Chinese police custody said they illegally sold books to customers in mainland China, according to televised interviews and a Chinese news report.
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29 February, 2016 by The TZ Newswire Staff Comments Off on Opening indications for Chinese stockmarkets: Shanghai Comp to open flat
Opening indications for Chinese stockmarkets: Shanghai Comp to open flat
CSI300 index to open +0.1%
29 February, 2016 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY central rate at 6.5385
PBOC sets USD/CNY central rate at 6.5385
yesterday’s mid rate was set at 6.5452
Brings to an end the 5 consecutive days of yuan weakening we had up until yesterday