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Feb 3, 2025
China: CPI inflation likely picked up seasonally – Standard Chartered
China’s official manufacturing PMI dropped to 49.1 in January from 50.1 in February, entering contractionary territory again since October. The official survey suggests a broad-based m/m decline in demand and production activity.
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Feb 3, 2025
US Dollar Index gives up some gains, outlook remains firm as US Trump starts trade war
The US Dollar (USD) surrenders some of its intraday gains in Monday’s North American session, with the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, dropping to near 109.20 after posting a fresh two-week high near 109.90.
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