China PMI Numbers Surprise Analysts, USD Continues to Climb

Monday, 1 April 2024, 12:45

Despite China's PMI outperforming expectations, the US dollar remains strong against the G10 currencies. While European markets are closed, Japanese equities see a dip and Chinese stocks surge. US index futures show modest gains of 0.25-0.50%.
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China PMI Numbers Surprise Analysts, USD Continues to Climb

China PMI Exceeds Expectations

The latest Purchasing Managers' Index (PMI) figures from China have surpassed analyst forecasts, indicating a positive economic outlook.

USD Maintains Strength

Despite this positive news, the US dollar continues its upward trend against major currencies.

  • European Markets Closed
  • Japanese Equities Decline
  • Chinese Stocks Rally
  • US Index Futures Show Modest Gains

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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