China’s State Council issues measures to restore and expand consumption

Market news

31 July 2023

China’s State Council issues measures to restore and expand consumption

Following dismal China’s official business PMIs data released on Monday, China issued measures to restore and expand consumption, a document published by the country’s State Council showed.

No further details are provided about the same.

Also read: China's NBS Manufacturing PMI rises to 49.3 in July vs. 49.2 expected

Market reaction

On the above headlines, AUD/USD is sustaining its recovery toward 0.6700, currently trading at 0.6672. The pair is up 0.38% on the day.

S&P500 Futures dribble near 4,600, yields improve as China stimulus, mixed data join month-end positioning

Commodities. Daily history for Friday, July 28, 2023

Market Focus

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