Lower numbers than forecast tend to be bullish for xxx/CNY pairs and bearish for CNY/xxx pairs.
The typical/expected impact on CNY pairs is high.
There is no forecast value for Caixin Services PMI yet - check back for updates.
The most recent announced value for Caixin Services PMI was 51.6 against a forecast of 52.2.
Other recent announcements which may affect the market's interpretation of the next Caixin Services PMI result:
Previous | Latest | ||||
---|---|---|---|---|---|
Caixin Manufacturing PMI | Bullish change | 49.8 | 50.4 | ||
NBS Manufacturing PMI | Bearish change | 49.4 | 49.1 | ||
NBS Non-Manufacturing PMI | Bullish change | 50.2 | 50.3 |
Country: | China |
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Currency: | CNY |
Source: | IHS Markit |
Category: | Economic Activity |
Frequency: | Monthly |