The typical/expected impact on CNY pairs is high.
The consensus forecast for Caixin Services PMI is 51. A higher value than forecast tends to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.
The most recent announced value for Caixin Services PMI was 51.1 against a forecast of 51.1.
Other recent announcements which may affect the market's interpretation of the next Caixin Services PMI result:
Previous | Latest | ||||
---|---|---|---|---|---|
Caixin Manufacturing PMI | Bullish change | 48.3 | 50.4 | ||
NBS Manufacturing PMI | Bullish change | 49.5 | 49.7 | ||
NBS Non-Manufacturing PMI | Bullish change | 50.3 | 50.5 |
Country: | China |
---|---|
Currency: | CNY |
Source: | IHS Markit |
Category: | Economic Activity |
Frequency: | Monthly |