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EUR/JPY: Pullback emerges following horrible EZ PMI data

Eurozone August Services PMI fell into contraction territory; dropping from 50.9 to 48.3 Treasuries extend gains after global PMIs disappoint; double digit d ....

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SMM Evening Comments (Sep 6): Shanghai Nonferrous Metals Closed with Gains amid Higher-than-Expected China Services PMI_SMM

Shanghai nonferrous metals closed all with gains as the August China Caixin Services PMI was higher than the estimate with a reading of 55, against the previous print of 55.5. In addition, the People's Bank of China also decided to lower the foreign exchange deposit reserve ratio for financial institutions. ....

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