01.06.2015 - Chinese PMI has pleased investors
Today was published important statistics on the manufacturing PMI in China. Over the previous month, this indicator decreased and negatively affected the quotes Australian and New Zealand currencies. At the same time, the Chinese government launched a series of measures to stimulate production in the country and according to the latest data, in May PMI rose to 50.2 points, which is 0.1 better than analysts' expectations. At the same time, a similar index, which is calculated by the bank HSBC rose by 0.1 to 49.2. Given the strong upward momentum on the Chinese market, promotion of economic growth by the government, as well as the liberalization of investment, we maintain the medium-term outlook for the stock indexes of the country.