Amid all the pessimism surrounding Asian economies, mainly due to the trade war between the United States (US) and China, Standard Chartered came out with its analysis of manufacturing recovery into the world’s largest industrial player China. Key quotes “Headline SMEI (Small and Medium Enterprises Index) improved slightly to 54.7 in November from 54.5 in October, the second month of improvement. Meanwhile, the growth momentum indicator moderated by 0.1percentage points.” “Performance index reached seven-month high for the manufacturing sector; was muted for services sector. The retail and wholesale sector was the main drag, with its sales and employment sub-indices entering contractionary territory.” “Production picked up on stable demand; external demand increased, while domestic demand softened.” “SMEs’ (Small and Medium Enterprises) borrowing costs rose, even though banks’ willingness to lend to SMEs recovered substantially.” 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 EUR/USD technical analysis: 50% Fib capping upside, bearish hammer on D1 FX Street 3 years Amid all the pessimism surrounding Asian economies, mainly due to the trade war between the United States (US) and China, Standard Chartered came out with its analysis of manufacturing recovery into the world's largest industrial player China. Key quotes "Headline SMEI (Small and Medium Enterprises Index) improved slightly to 54.7 in November from 54.5 in October, the second month of improvement. Meanwhile, the growth momentum indicator moderated by 0.1percentage points." "Performance index reached seven-month high for the manufacturing sector; was muted for services sector. The retail and wholesale sector was the main drag, with its sales and employment sub-indices entering… 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.
