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China’s NBS: Stable economic performance should confine in H2

China’s National Bureau of Statistics (NBS) out with the employment data and also its thoughts, following the release the Chinese data dump:

The unemployment rate in urban areas stands at 5.1% in July

China created 8.5mn new jobs ins January-July

Overheated property market has cooled somewhat

Stable economic performance should confine in H2     

Oil remains flat lined in Asia

Oil prices are trading steady on both sides of the Atlantic as strong demand is being matched by higher output. Currently, WTI oil is flat lined arou
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USD/JPY lurched lower and hesitated

USD/JPY lurched lower and hesitated
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