The Caixin/S&P Global services purchasing managers' index (PMI), slipped to 51.0 from 52.2 in December, but remained above the 50-mark that separates expansion from contraction on a monthly basis.

Sinking yields lessened the intense pressure on EM currencies, pressure which had forced 'doom loop' EM currency intervention ...

At the time of writing, the AUD/USD pair is losing 0.08% on the day near 0.6250, undermined by the discouraging Chinese data. One of the most significant factors for the Australian Dollar (AUD) is ...

China services activity grows less than expected in Jan- Caixin PMI By Investing.com - Feb 04, 2025 Investing.com-- China’s services activity missed expectations in January, private purchasing ...

China services activity grows less than expected in Jan- Caixin PMI By Investing.com - Feb 05, 2025 Investing.com-- China’s services activity missed expectations in January, private purchasing ...

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The Caixin services PMI read 51 in January, missing expectations of 52.3. The reading also slowed from the 52.2 seen in the prior month. The softer services print was driven chiefly by slower growth ...