China: Recovery seen picking up pace in Q2 – UOB
04.05.2020, 15:03

China: Recovery seen picking up pace in Q2 – UOB

FXStreet reports that UOB Group’s economist Ho Woein Chen, CFA, reviewed the latest PMI prints in the Chinese economy.

“China’s official Purchasing Manager’s Index (PMI) for both the manufacturing and nonmanufacturing stayed in the positive territory (above-50 reading) in April after having turned around sharply in March. However, the official manufacturing PMI fell 1.2 point to 50.8 in April (consensus forecast: 51.0; March: 52.0) while the non-manufacturing PMI edged up 0.9 point to 53.2 in April (consensus forecast: 52.5; March: 52.3).”

“The components of the official manufacturing sub-index showed a worrying but not unexpected drop in new export orders to 33.5 in April from 46.4 in March though it was still holding above the record-low of 28.7 in February.”

“Overall, the outlook for manufacturing as seen in both the official and Caixin surveys weakened in April, stemming from the COVID-19 lockdowns in a number of global economies even as China has gradually resumed its factory production. Notably, Wuhan, the epicentre of the coronavirus outbreak in China, had reopened on 7 April after a 76-day lockdown. Given the relatively stronger outlook for services sector as shown in the April’s official PMI, we are cautiously optimistic that the recovery momentum in China will remain in place into the second quarter. The services industries account for 54% of the economy and could continue to improve with government’s support for consumption and investment.”


© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik