04.01.2016 - Data from China have led to increased interest in defensive assets

Today was published statistics on China’s manufacturing PMI from Caixin, which in December fell to 48.2, against the forecast of 48.9 and the previous value of 48.6. In the report it was stated about the negative impact of external and internal factors and decline in exports. It is worth noting that the strong movements in the stock market in China continue to adversely affect the attitude of investors to risky assets and increase in the demand for gold and the Japanese yen. We expect stabilization of the situation in the near future and the resumption of the negative dynamics of gold and the Japanese yen.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.