{"id":2037,"date":"2020-12-30T16:07:56","date_gmt":"2020-12-30T16:07:56","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=2037"},"modified":"2021-01-12T10:13:49","modified_gmt":"2021-01-12T10:13:49","slug":"commodities-on-alert-ahead-of-chinese-manufacturing-data","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/","title":{"rendered":"Commodities on alert ahead of Chinese manufacturing data"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2037\" class=\"elementor elementor-2037\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-522f041 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"522f041\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-51d5d1c\" data-id=\"51d5d1c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e3a563c elementor-widget elementor-widget-text-editor\" data-id=\"e3a563c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Commodity traders are braced for volatility ahead of the release of the Chinese NBS manufacturing report. Typically, strong Chinese manufacturing data is bullish for the <a href=\"http:\/\/bit.ly\/2yFD0hu\" target=\"_blank\" rel=\"noopener\">Australian dollar <\/a>currency,<a href=\"https:\/\/bit.ly\/3mDrHgr\" target=\"_blank\" rel=\"noopener\"> Copper<\/a> prices, and Iron Ore. Other industrial metals are also likely to receive a strong boost if the report outpaces market expectations.<\/p><p>Chinese stocks could also react positively if Chinese manufacturing numbers outperform market expectations. The Shanghai Composite has been stuck in a tight trading range since July this year; solid Chinese manufacturing data could the bullish catalyst the index needs to break out from its five-month range.<\/p><p>Most economists are expecting a 52.2 NBS manufacturing PMI reading on Thursday, which is an improvement on the 51.1 reading from last month. The IMF recently released a report stating that the Chinese economy is likely to be the only major economy to avoid falling into economic contraction in 2020.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1e03cf0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1e03cf0\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6f04875\" data-id=\"6f04875\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d5a72f4 elementor-widget elementor-widget-image\" data-id=\"d5a72f4\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1005\" height=\"493\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/AUDUSD-1W.png\" class=\"attachment-large size-large wp-image-2040\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bc66f07 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bc66f07\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-31bf0fd\" data-id=\"31bf0fd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b479927 elementor-widget elementor-widget-text-editor\" data-id=\"b479927\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Source by ActivTrader.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ca809a8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ca809a8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ec3ce4b\" data-id=\"ec3ce4b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-730580a elementor-widget elementor-widget-text-editor\" data-id=\"730580a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Fitch ratings has also recently raised its economic forecast for Chinese GDP in 2021. The ratings agency now forecasts 8.0 percent annual GDP growth for the Chinese economy in 2021, instead of 7.7% growth.<\/p><p>Aside from the obvious economic benefits to China\u2019s economy that is associated with strong manufacturing numbers, the Australian economy and Australian dollar tend to do well when the world\u2019s second-largest economies manufacturing sector is in a state of expansion.<\/p><p>The Australia dollar is currently trading at multi-year highs against the greenback and could easily break above the $0.7700 level on better-than-expected manufacturing data from the Chinese economy this week.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6aaedd5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6aaedd5\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6c01b16\" data-id=\"6c01b16\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dc4bcbb elementor-widget elementor-widget-image\" data-id=\"dc4bcbb\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1002\" height=\"492\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/CopperMar21-1M.png\" class=\"attachment-large size-large wp-image-2041\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b928748 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b928748\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3bdc1f9\" data-id=\"3bdc1f9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1799912 elementor-widget elementor-widget-text-editor\" data-id=\"1799912\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Source by ActivTrader.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-df6512f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"df6512f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-11f2b83\" data-id=\"11f2b83\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-edf9b6c elementor-widget elementor-widget-text-editor\" data-id=\"edf9b6c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The price of Iron Ore has been on a major upside move since May this year, with the metal now trading at levels not seen since May 2013. The metal has risen close to 60% since breaking above its yearly open price in June, close to the $93.00 level.<\/p><p>Even recent data that showed a drop-in demand for steel has failed to dent optimism towards the world most widely used metal. Iron ore has quickly recovered, following data this month that showed a drop-in steel inventories in China.<\/p><p>From a technical perspective Iron Ore is looking increasingly comfortable above the $155.00 level and could easily go onto to reach the 2011 trading high, just above the $185.00 level.<\/p><p>Copper is another metal that is recently gaining a lot of attention from traders and investors lately. Copper prices are undoubtedly on the rise, and currently trading at seven-year highs, with the increasingly popular metal posting strong double-digit gains since the March 2020 lows.<\/p><p>According to analysts, mining production disruption, interruptions to trade flows, and underlining demand for the metal during the COVID-19 crisis have all contributed to the rise in copper prices.<\/p><p>Going forward, the technicals are suggesting further upside to come, with few signs of a meaningful price top yet. An acceleration in Chinese manufacturing data is likely to be a positive catalyst for copper prices going into next year.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Commodity traders are braced for volatility ahead of the release of the Chinese NBS manufacturing report. Typically, strong Chinese manufacturing data is bullish for the Australian dollar currency, Copper prices, and Iron Ore. Other industrial metals are also likely to receive a strong boost if the report outpaces market expectations. Chinese stocks could also react [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":2038,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,5,9,2,7],"tags":[52,109,98],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.6 (Yoast SEO v20.11) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Commodities on alert ahead of Chinese manufacturing data - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Commodities on alert ahead of Chinese manufacturing data\" \/>\n<meta property=\"og:description\" content=\"Commodity traders are braced for volatility ahead of the release of the Chinese NBS manufacturing report. Typically, strong Chinese manufacturing data is bullish for the Australian dollar currency, Copper prices, and Iron Ore. Other industrial metals are also likely to receive a strong boost if the report outpaces market expectations. Chinese stocks could also react [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/\" \/>\n<meta property=\"og:site_name\" content=\"Youtrading UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YouTradingEnglish\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-30T16:07:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-12T10:13:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/GettyImages-1144419374.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"550\" \/>\n\t<meta property=\"og:image:height\" content=\"314\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nathan Batchelor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nathan Batchelor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/\"},\"author\":{\"name\":\"Nathan Batchelor\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\"},\"headline\":\"Commodities on alert ahead of Chinese manufacturing data\",\"datePublished\":\"2020-12-30T16:07:56+00:00\",\"dateModified\":\"2021-01-12T10:13:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/\"},\"wordCount\":480,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"keywords\":[\"AUDUSD\",\"Copper\",\"Iron Ore\"],\"articleSection\":[\"Commodities\",\"Forex\",\"Insights\",\"Markets\",\"World\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/\",\"url\":\"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/\",\"name\":\"Commodities on alert ahead of Chinese manufacturing data - Youtrading UK\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/#website\"},\"datePublished\":\"2020-12-30T16:07:56+00:00\",\"dateModified\":\"2021-01-12T10:13:49+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/youtrading.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Commodities on alert ahead of Chinese manufacturing data\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/youtrading.com\/en\/#website\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"name\":\"Youtrading UK\",\"description\":\"Leaders in Trader Training\",\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/youtrading.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/youtrading.com\/en\/#organization\",\"name\":\"YouTrading\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"contentUrl\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"width\":2531,\"height\":570,\"caption\":\"YouTrading\"},\"image\":{\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/YouTradingEnglish\/\",\"https:\/\/www.instagram.com\/youtrading_english\/\",\"https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\",\"name\":\"Nathan Batchelor\",\"description\":\"Nathan Bathelor brings a professional trading background and highly renowned technical analysis with 15 years of experience. He holds a degree in Business and Finance and has an extensive background providing research for prop houses, and fund managers. Nathan previously traded for Drashta Capital, a boutique Hedge Fund based in London and Sydney, and has worked as a FX Market Analyst for a number of leading brokerages in the United Kingdom.\",\"url\":\"https:\/\/youtrading.com\/en\/author\/nathanbatchelor\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Commodities on alert ahead of Chinese manufacturing data - Youtrading UK","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/","og_locale":"en_GB","og_type":"article","og_title":"Commodities on alert ahead of Chinese manufacturing data","og_description":"Commodity traders are braced for volatility ahead of the release of the Chinese NBS manufacturing report. Typically, strong Chinese manufacturing data is bullish for the Australian dollar currency, Copper prices, and Iron Ore. Other industrial metals are also likely to receive a strong boost if the report outpaces market expectations. Chinese stocks could also react [&hellip;]","og_url":"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/","og_site_name":"Youtrading UK","article_publisher":"https:\/\/www.facebook.com\/YouTradingEnglish\/","article_published_time":"2020-12-30T16:07:56+00:00","article_modified_time":"2021-01-12T10:13:49+00:00","og_image":[{"width":550,"height":314,"url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/GettyImages-1144419374.jpg","type":"image\/jpeg"}],"author":"Nathan Batchelor","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Nathan Batchelor","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/#article","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/"},"author":{"name":"Nathan Batchelor","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab"},"headline":"Commodities on alert ahead of Chinese manufacturing data","datePublished":"2020-12-30T16:07:56+00:00","dateModified":"2021-01-12T10:13:49+00:00","mainEntityOfPage":{"@id":"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/"},"wordCount":480,"commentCount":0,"publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"keywords":["AUDUSD","Copper","Iron Ore"],"articleSection":["Commodities","Forex","Insights","Markets","World"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/","url":"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/","name":"Commodities on alert ahead of Chinese manufacturing data - Youtrading UK","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/#website"},"datePublished":"2020-12-30T16:07:56+00:00","dateModified":"2021-01-12T10:13:49+00:00","breadcrumb":{"@id":"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/youtrading.com\/en\/commodities-on-alert-ahead-of-chinese-manufacturing-data\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/youtrading.com\/en\/"},{"@type":"ListItem","position":2,"name":"Commodities on alert ahead of Chinese manufacturing data"}]},{"@type":"WebSite","@id":"https:\/\/youtrading.com\/en\/#website","url":"https:\/\/youtrading.com\/en\/","name":"Youtrading UK","description":"Leaders in Trader Training","publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/youtrading.com\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/youtrading.com\/en\/#organization","name":"YouTrading","url":"https:\/\/youtrading.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","contentUrl":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","width":2531,"height":570,"caption":"YouTrading"},"image":{"@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/YouTradingEnglish\/","https:\/\/www.instagram.com\/youtrading_english\/","https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg"]},{"@type":"Person","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab","name":"Nathan Batchelor","description":"Nathan Bathelor brings a professional trading background and highly renowned technical analysis with 15 years of experience. He holds a degree in Business and Finance and has an extensive background providing research for prop houses, and fund managers. Nathan previously traded for Drashta Capital, a boutique Hedge Fund based in London and Sydney, and has worked as a FX Market Analyst for a number of leading brokerages in the United Kingdom.","url":"https:\/\/youtrading.com\/en\/author\/nathanbatchelor\/"}]}},"_links":{"self":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/2037"}],"collection":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/comments?post=2037"}],"version-history":[{"count":0,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/2037\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media\/2038"}],"wp:attachment":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media?parent=2037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/categories?post=2037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/tags?post=2037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}