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A 30-point plan was introduced by China to enhance domestic consumption and support economic growth
China unveils a 30-point plan to boost consumption, raise wages, support employment, and stabilise financial markets.
In February, New Zealand’s Business PSI declined from 50.4 to 49.1
New Zealand’s PSI fell to 49.1, signaling a contraction in the services sector and potential economic challenges.
China will release February’s economic activity data alongside new measures to improve consumption and incomes
Chinese economic data for February, including retail sales and industrial production, will offer insights into economic activity.
Market liquidity remains low, causing potential price volatility as Asian markets begin trading. Current rates include EUR/USD 1.0879, USD/JPY 148.75, GBP/USD 1.2931, USD/CHF 0.8853, USD/CAD 1.4381, AUD/USD 0.6323, NZD/USD 0.5746
Market liquidity is low, with fluctuations expected as Asian trading centres become active. Traders should remain cautious.
Upcoming economic events include retail, inflation, and employment data releases from various nations.
