China Manufacturing Activity Contracts In August
China’s factory activity continued to lose steam in August, suggesting the world’s second largest economy faces prolonged downward pressure, official data showed Tuesday.
China’s factory activity continued to lose steam in August, suggesting the world’s second largest economy faces prolonged downward pressure, official data showed Tuesday.
Here in the UK in the 1970’s one of the most popular TV comedy series was one called Dad’s Army. The series was set during the second world war, and followed the exploits and adventures of the Home Guard which was established to protect the country in the event of an invasion.
Stocks tumble the most since 2007, as policy support measures fail to restore market faith.
On Wednesday, the U.S. Federal Reserve is set to release its July meeting minutes, giving investors a glimpse into the bank’s discussions regarding an interest rate hike. At the moment, many believe there is a 50/50 chance that the bank will raise rates in September, though unforeseen economic conditions around the world could postpone those plans.
Last week, the People’s Bank Of China allowed the yuan to fall sharply, causing chaos in share markets and drawing criticism from multinationals who said the move would hurt their businesses.
The AUDUSD pair went back and forth during the course of the day on Wednesday, essentially settling nothing.
More concerns overnight in China as securities regulator open an investigation into potential irregularities in China largest single day sell off in more than 8 years.
As speculative commodity traders, there are few occasions when it is hard not to make money, and certainly at present we have several stand out opportunities. These opportunities are rare, but when they occur, it’s time, as they say to ‘fill your boots’.
We use the 52 week high list to find stocks that are trending strong. Today’s New 52 Week High Stocks Symbol New High Prev 52wk High Last Volume Today’s Change NFLX 111.10 102.31 $108.10 12,063,968 9.97 (10.16%) AFMD 19.99 19.04 $19.90 55,992 1.54 (8.39%) REPH 16.98 16.11 $16.57 27,412 1.10 (7.11%) EROS 30.83 30.60 $30.70 60,800 1.94 (6.73%) NDRM 19.25 19.07 $18.27 1,136,265 0.96 (5.55%) PYPLV 39.97 39.75
This week, China (FXI, quote) released data showing that the nation’s economic growth was steady at 7 percent in the second quarter, surprising analysts who were expecting the figures to be weaker.