China new

China Devalues Yuan by 1.9 Percent

The People’s bank of China cut Yuan’s daily fix rate by 1.9 percent early this morning after International Monetary Fund (IMF) reportedly delayed a decision…


UK Manufacturing PMI Rose 0.5

UK manufacturing PMI surge 0.5 from previous month to 51.9. The manufacturing purchasing manager’s index rose up from 26 month low of 51.5 in June,…