Analysts at Danske Bank point out that China’s leadership pledged to act after China’s economy exhibited further signs of weakness as the official manufacturing PMI fell to its lowest level in two years. Key Quotes “The official manufacturing PMI dropped to 50.2 (consensus: 50.6) in October from 50.8 in September. Especially new export orders were very weak highlighting the negative effect of the trade war with the US.” “We look for more weakness in coming quarters before a rebound next year when the stimulus kicks in more, and we expect to see a trade deal at some point in 2019.” 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 USD/INR: Rupee to return to 68/69, but will take much longer – Rabobank FX Street 4 years Analysts at Danske Bank point out that China's leadership pledged to act after China's economy exhibited further signs of weakness as the official manufacturing PMI fell to its lowest level in two years. Key Quotes "The official manufacturing PMI dropped to 50.2 (consensus: 50.6) in October from 50.8 in September. Especially new export orders were very weak highlighting the negative effect of the trade war with the US." "We look for more weakness in coming quarters before a rebound next year when the stimulus kicks in more, and we expect to see a trade deal at some point in 2019." 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.
