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Economic calendar in Asia Thursday, 3 August 2023, China services PMI
Today's PMI from China is the last one for July. Which is a bit of a relief, the story of the Chines July PMIs so far has not been a happy one:China official July Manufacturing PMI 49.3 (vs. expected 49.2) & Services 51.5China's Caixin Manufacturing PMI dropped into contraction July - stimulus hope remainsAnd economic stimulus from China remains piecemeal and limited. The new normal it does seem. UBS gave a heads-up on the PMI due today, saying it'll be important for stimulus efforts. I suggest...
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Posted: Aug 2 2023, 20:24
Author Name: forexlive
Views: 110751