Topic

CNY

A collection of 56 issues

CNY USD-Denominated Trade Balance, Nov 07, 2024

China's USD-Denominated Trade Balance: A Closer Look at the November 2024 Data The latest data released by the Customs General Administration of China (CGAC) on November 7, 2024, revealed a USD-Denominated Trade Balance of 95.7 billion Chinese Yuan (CNY). This figure, while significantly higher than the previous month's 81.

CNY Trade Balance, Nov 07, 2024

China's Trade Balance Shows Resilience Amidst Economic Uncertainty China's Trade Balance, a key indicator of the country's economic health, surprised analysts on November 7th, 2024, with a stronger-than-expected surplus of 679 billion CNY, exceeding both the forecasted 560 billion CNY and the previous month's 583 billion CNY. Despite concerns about

CNY Trade Balance, Nov 07, 2024

China's Trade Balance: A Glimpse into Export Demand and Currency Strength China's Trade Balance released on November 7, 2024, reveals a slight contraction in the country's trade surplus, with an actual figure of 560B CNY falling short of the forecasted 583B CNY. The impact of this data point on the

CNY USD-Denominated Trade Balance, Nov 07, 2024

China's USD-Denominated Trade Balance: A Deeper Dive into the Latest Data China's USD-Denominated Trade Balance was released on November 7, 2024, revealing a forecast of 73.5 Billion USD, with a low impact on the market. This figure falls short of the previous reading of 81.7 Billion USD. Understanding

CNY Caixin Services PMI, Nov 05, 2024

Caixin Services PMI: Chinese Services Sector Expands in November, Buoying the Yuan The Caixin Services Purchasing Managers' Index (PMI) for November 2024 came in at 52.0, exceeding both the 50.5 forecast and the 50.3 reading from the preliminary release. This indicates a continued expansion in China's services

CNY Caixin Manufacturing PMI, Nov 01, 2024

Caixin Manufacturing PMI: A Glimpse into China's Manufacturing Sector The Caixin Manufacturing Purchasing Managers' Index (PMI) is a key indicator of economic health in China, providing valuable insights into the performance of the manufacturing sector. Released monthly, the PMI offers a real-time snapshot of business conditions, gauging the level of

CNY Manufacturing PMI, Oct 31, 2024

China Manufacturing PMI: A Strong October Shows Continued Expansion The latest China Manufacturing Purchasing Managers' Index (PMI), released on October 31, 2024, by the China Federation of Logistics and Purchasing (CFLP), came in at 50.1. This reading signifies continued expansion in the manufacturing sector, exceeding both the forecast of

CNY Non-Manufacturing PMI, Oct 31, 2024

China's Non-Manufacturing PMI: A Glimpse into Economic Resilience The latest release of China's Non-Manufacturing Purchasing Managers' Index (PMI) on October 31, 2024, shows an index reading of 50.2, exceeding the forecast of 50.4 and indicating a continued expansion in the services sector. This comes on the heels of

CNY CB Leading Index m/m, Oct 28, 2024

CB Leading Index: A Steady Hand in a Uncertain Economy The Conference Board Leading Index (CB Leading Index), released on October 28, 2024, registered a month-over-month (m/m) change of -0.2%, mirroring the previous month's performance. This slight contraction, while not unexpected, underscores a persistent, though muted, economic uncertainty

CNY Foreign Direct Investment ytd/y, Oct 21, 2024

China's Foreign Direct Investment Remains Sluggish: October 2024 Data Highlights Continued Challenges Fresh data released on October 21, 2024, by the National Bureau of Statistics of China paints a sobering picture for China's foreign direct investment (FDI) landscape. The latest figures show that year-to-date (YTD) FDI, compared to the same