Higher numbers than forecast tend to be bullish for CNY/xxx pairs and bearish for xxx/CNY 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 51.1.
Other recent announcements which may affect the market's interpretation of the next Caixin Services PMI result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (QoQ) | Bullish change | 0.9% | 1.2% | ||
| Gross Domestic Product (YoY) | Bullish change | 4.3% | 4.5% | ||
| Industrial Production (YoY) | Bullish change | 5.2% | 5.5% | ||
| Retail Sales (YoY) | Bullish change | 0.4% | 1.1% |
| Country: | China |
|---|---|
| Currency: | CNY |
| Source: | IHS Markit |
| Category: | Economic Activity |
| Frequency: | Monthly |