How is China’s economy faring?

• HSBC’s Purchasing Managers Index for China is released on Thursday. It is expected to continue to show contraction but an improvement on the previous month. China is not moving forward as quickly as it once did but is still a key driver for the world economy
• More positive data out of Canada saw it complete what was a very positive week all around, as it extended its position of three-month highs. This was largely due to Statistics Canada reporting that retail sales rose 1.7% in February, significantly exceeding the expectation for a 0.2% gain.

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