Outlook US markets are closed for the Martin Luther King Jr national holiday with only a little FX trading. Banks and government offices are closed but the big banks will have skeleton trading desks. Tomorrow the Senate holds hearings on the confirmation of Yellen as TreasSec, and Wednesday is Trump

China’s official Manufacturing Purchasing Manager’s Index (PMI) eases to 51.9 in December from November’s 52.1 while nearing the consensus forecast of 52.0. Meanwhile, the official Non-Manufacturing Purchasing Manager’s Index (PMI) jumped to 55.7 in December vs. 52.4 expected and 56.4 last. With thi

China march official manufacturing PMI at 52.0 (Reuters poll 45.0) vs 35.7 in February. Services PMI rises to 52.3 vs February 29.6. China March official composite PMI at 53.0. The data has come in and given markets a boost with commodities benefitting, seen in the CRB Index rising 1.9%, copper sp