Trader Chat, February 2 – Business Insider

Getty Images Dave Lutz of Stifel, Nicolaus passes along the big stories that traders are chatting about today. Here’s some of the big ones.Chinese manufacturing activity slipped to its lowest level in six months, with indications of slowing growth for the quarter to come in the world’s second-largest economy – The National Bureau of Statistics said its purchasing managers’ index (PMI) for January slipped to 50.5, a reading just above the threshold for quickening growth. While output was still expanding, a sub-index for new export orders hovered for the second month below the midpoint, indicating slowing growth, and pointing to a lull in factory operations for the next few months (FT)Japan is on course to break a pledge to balance its budget by 2020, according to a …

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Dave Lutz of Stifel, Nicolaus passes along the big stories that traders are chatting about today. Here's some of the big ones. Chinese manufacturing activity slipped to its lowest level in six months, with indications of slowing …

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Trader Chat, February 2 – Business Insider

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