ByJin Dao Tai
JUL 26, 2021
Last Friday, USD strengthened against most major currencies except NZD.
The flash PMI data released last Friday indicated continued expansion in the manufacturing sector at a faster pace in July although shortages of raw materials is still an issue. Growth in the services sector slowed down due to labour shortages.
- Flash Manufacturing PMI (Actual: 63.1, Forecast: 62.0, Previous: 62.1 revised from 62.6)
- Flash Services PMI (Actual: 59.8, Forecast: 64.6, Previous: 64.6 revised from 64.8)
New Home Sales data (Forecast: 800K, Previous: 769K) will be released later at 2200 (GMT+8).
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