China Manufacturing Purchasing Managers Index (PMI) for June: 51.0 (vs. expected 51.0)

China Manufacturing Purchasing Managers Index (PMI) for June at 51.0, as expected, and to its highest so far in 2014

• expected 51.0, prior was 50.8

• New orders improved to 52.8 from 52.3
• New export orders higher to 50.3 vs. 49.3 prior
• Production up also, to 53.0 from 52.8

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Next up isat 0145GMT, the HSBC/Markit Manufacturing PMI for June, expected is 50.8, prior was 49.4, flash reading for June was 50.8