EUR/USD
1.15886
-0.199%
Gold
5153.35
1.277%
Oil
74.790
0.681%
USD/JPY
157.659
-0.018%
GBP/USD
1.33185
-0.282%
GBP/JPY
209.984
-0.282%
Real-time News
According to the Financial Times, US shale oil industry executives have warned that they cannot fill the gap in Middle Eastern oil supplies disrupted by war.On March 4th, Huo Lihui, Chief Statistician of the Service Industry Survey Center of the National Bureau of Statistics, interpreted the China Purchasing Managers Index (PMI) for February 2026. Business expectations are positive. The production and operation activity expectation index was 53.2%, up 0.6 percentage points from the previous month, indicating that manufacturing enterprises have strengthened their confidence in market development after the Spring Festival. By industry, the production and operation activity expectation indices for general equipment, railway, shipbuilding, and aerospace equipment are all above 56.0%, indicating a relatively high level of prosperity, with related enterprises being more optimistic about the near-term development of their industries.March 4th - Data from the National Bureau of Statistics shows that the new orders index for the non-manufacturing sector in February was 45.2%, down 0.9 percentage points from the previous month, indicating a slight decline in market demand in the non-manufacturing sector. By sector, the new orders index for the construction industry was 42.2%, up 2.1 percentage points from the previous month; the new orders index for the service industry was 45.7%, down 1.4 percentage points from the previous month. The input price index was 50.9%, up 0.9 percentage points from the previous month, indicating that the overall price level of inputs used by non-manufacturing enterprises for operating activities has increased. By sector, the input price index for the construction industry was 49.1%, down 2.9 percentage points from the previous month; the input price index for the service industry was 51.2%, up 1.5 percentage points from the previous month.March 4th - Data from the National Bureau of Statistics shows that, by sector, the business activity index for the construction industry was 48.2%, down 0.6 percentage points from the previous month; while the business activity index for the service industry was 49.7%, up 0.2 percentage points from the previous month. Within the service sector, the business activity indices for accommodation, catering, and culture, sports, and entertainment were all above 60.0%, indicating a high level of prosperity; while the business activity indices for capital market services and real estate were below the critical point.March 4th - According to data from the National Bureau of Statistics, in terms of enterprise size, the PMI for large manufacturing enterprises in February was 51.5%, up 1.2 percentage points from the previous month and above the critical point; the PMIs for medium and small enterprises were 47.5% and 44.8% respectively, down 1.2 and 2.6 percentage points from the previous month and below the critical point. Looking at the sub-indices, among the five sub-indices that constitute the manufacturing PMI, the production index, new orders index, raw material inventory index, employment index, and supplier delivery time index were all below the critical point.
