You are viewing:-
you're reading...
1.Market Observations

22 Aug 2014 (AFR) – China’s factory production disappoints: HSBC

(22 August 2014, AFR, p30, Lisa Murray)

‘China’s manufacturing ­sector slowed sharply in August, prompting speculation the government will be forced to do more to ­stimulate the economy, which is being dragged down by a weak ­property sector.’ <snipped…>

‘The survey, compiled by HSBC and Markit Economics, follows a worrying drop in new lending last month and a further deterioration in the real estate market, with residential property sales down 17.9 per cent from a year ago. The so-called “flash” Purchasing Managers’ Index, which is a preliminary reading of the survey, fell to a three-month low of 50.3, compared with an 18-month high of 51.7 in July. It had been expected to dip just slightly to 51.5.’

Read more at AFR.com (might need AFR login access)

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Advertisements
%d bloggers like this: