Capital Market

August Macro Economy Recap

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China official PMI slipped into contraction territory while an unofficial survey pointed to an expansion for the first time in 17 months. The government’s manufacturing Purchasing Managers’ Index (PMI) came in at 49.9 in July, versus the 50.0 in June. Whereas the unofficial reading expanded rose above the key 50 level for the first time since February 2015. The […]