Chinese data dump: NBS/Non-manufacturing PMI April solid

Ross J Burland FXStreet

The Chinese, who are out on Labour day, just reported the latest NBS manufacturing data that came in as 51.4.

Prior 51.5
Non-manufacturing PMI 5 vs 54.5 expected
Prior 54.6
Composite PMI vs 54.0 prior

All of the guages here are solid and above the 50 contraction mark.

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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