Strong results for China, Europe and United States of America

Strong results for China, Europe and United States of America

By: James Ansher | Where To Trade | On:Tuesday, 03 January 2017
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   The stock markets in the United States of America opened higher on Tuesday. The Dow futures went up with more than 130 points.

  As soon as the manufacturing Purchasing Managers' Index data were released, the global aftermath were that United Kingdom, Europe and China had strong results and pumped the global manufacturing sector. This is more than a good start for 2017. 

For China, the results are the the best since 2013, in January. 

  The European stocks also went up. FTSE 100 in London had an abrupt climbing, setting new records for the new year. The manufacturing sector had also astonishing results, taking everyone by surprise. 

  United Kingdom's results for the month of December 2016, that were released on Tuesday, showed that the economy in Great Britain is now forceful. The data showed that Britain's manufacturing sector hit its 30-month high.

  For China, the manufacturing index shows that the industry went up with almost 52%, a considerable result, giving the fact that in November China had a result of 50.9. 

The data was the best result for China manufacturing sector since 2013.

Overall, manufactures all over the world went at their fastest rally since 2011. 

Meanwhile, the Asian markets opened and closed higher. Shanghai Composite in China closed at 1.05%. 

 

James Ansher

James Ansher

When there is a will there is a trade

A successful Forex trader and expert advisor

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