The US economic data was upbeat last week, with new orders growing strongly. The manufacturing PMI stood at 64.7, the highest since 1983, and ADP non-farm payrolls stood at the highest since September 2020. The US dollar index stood at a high of around 93.4. Investors were away from market on Friday due to the Qing Ming Festival Holiday. Upbeat PMI in China boosted bulls confidence, bolstering Chinese stocks and commodities.
Please sign in to continue reading the full article for free
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.