Posts tagged as: Australian Dollar

China’s factory sector feeling the heat as it suffers to grow in the last 32 months

China’s factory sector feeling the heat as it suffers to grow in the last 32 months The steep fall in the HSBC flash purchasing managers’ index (PMI) to 48 in November from 51 in October underscores Beijing’s growing alarm over the health of the global economy and unnerved financial markets already roiled by the euro […]

The impact of weak Chinese economic data on Forex Market – Gold falls down while Oil rises

The Chinese weak economic data heavily influenced the International Forex Market. The Crude Oil turned upward after hitting a one-week low while Gold slumped down for a session in the Forex market. David Meger, who is the director of metals trading at Future Broker Vision Financial Markets said, “Gold does not seem to garner the […]

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