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05

May

China’s Growth Outlook Helps Optimism but Event Risks Will keep Sentiment Capped

Posted by admin as Forex News

The markets are off to a roaring start as strong numbers from China have helped buying in risk correlated assets. Risk appetite continues to be the main theme, equity markets in Asia and Europe resuming their rebound. China Purchasing Manager’s Index (PMI), a major indicator of the manufacturing sector, climbed for the fifth consecutive month to 53.5% in April. With equity markets having had…

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