FXstreet.com (San Francisco) - After the HSBC China PMI for September signaled the nation’s manufacturing sector is in contraction for the 11th successive month on Saturday, the “official” NBS Manufacturing PMI just released by the China Federation of Logistics and Purchasing (CFLP) also signals that the Chinese manufacturing sector remains in contraction at 49.8, as above 50.0 indicates industry expansion, while below indicates contraction. This adds to growing concerns of slowing global growth.
China: Sep NBS Manufacturing PMI signals contraction at 49.8
Mon, Oct 01 2012, 01:08 GMT | FXstreet.com
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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Any opinions, news, research, analyses, prices or other information contained on this story, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
