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

Market news

31 tháng 7 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.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.