China manufacturing PMI for December: 51.0 (vs. expected was 51.2, prior was 51.4)
- A fall on the previous month and below economist consensus forecasts
- A four-month low
- Output, new orders and new export orders sub-indices all fell from November
- At 51.0, it is still in expansion
Source is Bloomberg
- Compiled by China Federation of Logistics & Purchasing (CFLP) and China Logistics Information Centre (CLIC), based on data collected by the National Bureau of Statistics (NBS).
The HSBC Manufacturing PMI follows tomorrow (January 2, 0145GMT). The ‘flash’ reading was on December 16, it came in at a 3-month low.
All major Asian FX trading centres are closed today on New Year’s Day for a holiday. As is Europe, the UK and the US.
Happy New Year to all ForexLive participants, see you all bright and early for the New Zealand market tomorrow!
