China manufacturing PMI remains subdued but tentative signs of stabilisation - Danske

Flemming Nielsen, Senior Analyst at Danske Bank, reviews the Chinese PMI data release, and further expects the official PMI to improve modestly in the coming months.
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GBP/USD struggles above 1.5400

GBP/USD recovered partial losses and retraced from below 1.5400 levels in the late-Asian session as a broadly stronger US dollar continues to weigh on the pair, while traders now eye UK manufacturing PMI due later in the day.
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