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Goldman Sachs China PMI preview - leading indicator suggests manufacturing stabilising
Goldman Sachs’s China economist cites China’s emerging industries purchasing managers index (EPMI):recorded an uptick in MayEPMI is widely seen as a leading indicator of China’s official manufacturing PMIsuggests that “a tentative sign that manufacturing activity may begin to stabilize” GS look for the manufacturing PMI to be at a still contractionary 49.8. from 49.22 in April.----Earlier preview:Preview of China official PMI data - manufacturing is likely to have contracted even moreDue at at 0...
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Stabilising
Forex
Posted: May 31 2023, 00:07
Author Name: forexlive
Views: 081496