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  1. China Service Sector Continues To Expand In August

    by , 09-05-2022 at 06:27 PM
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    China's services companies continued to recover in August from the recent wave of the pandemic underpinned by strong sales, survey results from S&P Global showed on Monday. The Caixin services Purchasing Managers' Index came in at 55.0, down from 55.5 in July. A score above 50.0 indicates expansion. Moreover, the rate of expansion was the second-quickest recorded since May 2021.

  2. Japan Services PMI Slips Into Contraction

    by , 09-05-2022 at 12:56 PM
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    The services sector fell into contraction territory in August, the latest survey from Jibun Bank revealed on Monday with a services PMI score of 49.5.

  3. USD/CAD Weekly Forecast

    by , 09-05-2022 at 10:08 AM
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    The Bank of Canada (BoC) interest rate decision may keep USD/CAD afloat as the central bank is expected to adjust its approach in combating inflation.
    The daily price is located above 200 SMA in the bullish area of the chart: price is trying to break resistance level at 1.32 to above for the bullish trend to be continuing. Alternatively, the price will be on secondary ranging waiting for direction of the strong trend to be started.