02.02.2016 - Key Macroeconomic Indicators for Base Metal Prices
Market will eye January manufacturing PMIs from major economies on Monday. Investors are anticipating policy stimulus to help the Chinese economy bottom out. China’s official manufacturing PMI and that released by Caixin are expected to stabilize. The euro zone will continue recovering mildly, which is possibly why the ECB did not take action to loosen monetary policy further. Germany and France will remain two major drivers of growth in the euro zone. Italy and Spain are recovering at a faster pace. This will allow manufacturing PMI in the euro zone to recover...............................................Full Article: Source
Print