According to the latest Reuters poll of 28 economists, a majority of them expect China’s manufacturing sector activity to ease slightly in the month of July, in the wake of softer domestic investment and US-Sino trade spat. Key Findings: “The official manufacturing Purchasing Managers’ Index (PMI) is expected to fall to 51.3 in July from 51.5 in June, according to the poll. That would mark two years of expansion for China’s manufacturing sector, following a recovery in global demand for Chinese exports and strong credit growth, which has driven a housing boom. Separately, a private survey on China’s factory expansion is forecast to hit an eight-month low in July, though the slowdown is expected to be mild. The private Caixin/Markit Manufacturing Purchasing Managers’ index (PMI) is expected to have fallen to 50.8 in July versus 51.0 in June. The official PMI survey is due out on Tuesday, along with a similar official survey on services.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Australia: Building approvals nudged higher in June – ANZ FX Street 5 years According to the latest Reuters poll of 28 economists, a majority of them expect China's manufacturing sector activity to ease slightly in the month of July, in the wake of softer domestic investment and US-Sino trade spat. Key Findings: "The official manufacturing Purchasing Managers' Index (PMI) is expected to fall to 51.3 in July from 51.5 in June, according to the poll. That would mark two years of expansion for China's manufacturing sector, following a recovery in global demand for Chinese exports and strong credit growth, which has driven a housing boom. Separately, a private survey on China's factory expansion… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
