China HSBC Manufacturing PMI up to 50.7 in June from previous 49.4

FXStreet.com (Barcelona)

Jul 1, 2014

Gold up, up and away on strong demand

Gold has rallied with the dollar taken lower in a repatriation of funds post a higher performing S&P over the month of June and profit taking on rebalancing of fund manager’s books.

HSBC Flash China PMI at 50.7, significant improvement confirmed

The HSBC Flash China Manufacturing Purchasing Managers’ Index (Final print) was revised down to 50.7 from 50.8 earlier in June.