Chinese Manufacturing Data - PMI up at 51.7 versus 51.2 which...

  1. Red Ace
    229 Posts.
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    01/09/10
    12:00
    Post #: 7087990
    Chinese Manufacturing Data - PMI up at 51.7 versus 51.2 which shows the manufacturing sector growing again this quarter.

    This reflects on the Aussie GDP figure - up 30% higher than expectations. Our economy is going well despite poor conditions in the US.

    Lots of short covering by bears who've been telling us the world will implode tomorrow.
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    lightbulb Created with Sketch.  Great analysis
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