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China: PMI suggests that economy is stabilizing - BBH

Research Team at BBH, notes that China’s Caixin service PMI fell to 51.7 from 52.7 (recall that the official measure edged higher to 53.9 from 53.7).  

Key Quotes

“The Caixin composite measure rose to 51.9 from 50.3.  This is the highest reading since September 2014 and helps reinforce the sense that the Chinese economy is stabilizing.  Separately, Australia's services PMI rose to 53.9 from 51.3.  It is the strongest since last August.  

US Payrolls Preview: In search of the trend - ING

Research Team at ING, suggests that the volatility in the labour market data has made the underlying trend in job creation hard to gauge. Key Quotes
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GBP/USD rebound could extend to 1.3420 – UOB

Analysts at UOB Group have suggested the likeliness of GBP/USD to test levels above the 1.3400 handle. Key Quotes “While we were of the view that th
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