China Caixin/S&P Global services (PMI) slides in 3rd monthly contraction – by fx_ross China
Reuters reports that China's services activity shrank to six-month lows in November as widening COVID containment measures weighed on demand and operations, a private-sector business survey showed on Monday, pointing to a further hit to economic growth.
events for the year that include the Reserve Bank of Australia and the Federal Reserve. On the flip side, a continuation opens risk towards September highs near 0.6920. , is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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