China’s manufacturing activity gauge hit a three-year low in February as export orders fell at the fastest pace since February 2009. The official Purchasing Managers’ Index (PMI) fell for the third straight month, dropping to 49.2 in February. Notably, new export orders sub-index fell to 45.2 from 46.9 in January, according to Nikkei Asian Review. That is the ninth straight monthly drop and the lowest reading since February 2009. The declining trendline will likely continue unless the US and China reach a breakthrough trade deal, ending the tariff war. 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 Bitcoin, Ethereum, Ripple overview: No escape from the ranges so far FX Street 4 years China's manufacturing activity gauge hit a three-year low in February as export orders fell at the fastest pace since February 2009. The official Purchasing Managers' Index (PMI) fell for the third straight month, dropping to 49.2 in February. Notably, new export orders sub-index fell to 45.2 from 46.9 in January, according to Nikkei Asian Review. That is the ninth straight monthly drop and the lowest reading since February 2009. The declining trendline will likely continue unless the US and China reach a breakthrough trade deal, ending the tariff war. 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.
