HSBC Final Manufacturing Announcement – 29/9

What is it? It checks the level of an index based on interviewed purchasing managers in the manufacturing industry.

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.

Usual Effect: If the actual number is bigger than the forecast, you can expect the CNY to rise.

When? Today (29.9) at 9:45pm Eastern Time.

 

 Trading Tip: It's a good day to trade in CNY.

 

Other top stories: 

18 Things to Know Before Going to a Job Interview

Stock Market Doing Well

Asian Stock Hit 4 Month Low

Talk to us to get get FREE signals and start earning now: 

 

Follow us on Facebook/Twitter:

 

 

Please publish modules in offcanvas position.