HSBC Flash China PMI 50.9 (prior 50.5, Expected was 50.8)

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Author: Eamonn Sheridan

Eamonn Sheridan worked with Bankers Trust Australia for 13 years as a Spot foreign exchange dealer, trading across all major currencies and all time zones. He rose to a Vice President position, running spot operations during the busy European time, leaving the bank just prior to it being sold to concentrate on running his own business in the ‘real world’! The markets, however, had him hooked – he continued to trade equities, CFDs and then on to futures, giving him broad experience across financial markets. He is now active in FX and equity index futures as well as writing for ForexLive™. Eamonn is a graduate of The University of Melbourne in Australia and lives in New South Wales.


All|Asia Pacific|Economic Analysis

Eamonn Sheridan


  1. Good day Eamonn,
    please with this HSBC PMI figures higher than the market expectation, how will this affect australian. as in good for Aud or bad for Aud?

  2. AUD mkt likes it so far – better growth in China is good news for AUD.
    Looking beneath the surface of the PMI though shows its not all good news – drop in new export orders, Nov. export growth slowed, so not all great.

  3. Their domestic economy is improving though, less reliance on exports, etc. Its impressive how quickly the chinese government is able to undergo that much change so successfully.

  4. whoever cares

    the guy more or less knows his stuff; ok, abit bearish, but since I consider the idea of China softlanding a joke, don’t expect me to read The Economist… Afterall, we all read mostly what we want to hear ;)


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