23.06.2015 - The manufacturing sector in China continued to decline
Statistics on China's manufacturing PMI, calculated by HSBC improved investor sentiment. Thus, the analysts forecast a rise to 49.4 in June, but the actual value was 0.2 better than analysts' forecasts. It is worth noting that the decline in the index below 50.0 indicates contraction in the sector, and a rise above 50.0 on its expansion. The weakening of growth in the industry of the country adversely affects the commodity markets and the value of the Australian dollar. On the other hand we are waiting for new stimulus measures from the Chinese government that will support the growth on the stock markets of the country in the medium term.