Hungary Purchasing Manager Index: 56.2 (November) vs 55.3

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Dec 1, 2015

China: Yuan officially included in the IMF’s SDR basket – Deutsche Bank

Jim Reid, Research Analyst at Deutsche Bank, suggests that the notable newsflow from yesterday’s session was the widely expected confirmation from the IMF of the inclusion of the Chinese Yuan in its SDR basket.

UK PMI preview: What to expect of GBP/USD?

The GBP/USD pair bottomed out at 1.4994 on Monday, before closing positively at 1.5055 extending gains to a high of 1.5107 in the European session today. The Sterling traders await the UK manufacturing PMI report due later today.