Today we get the official readings on China's manufacturing and services PMIs

Due at 0100GMT:

  • China Manufacturing Purchasing Managers Index (PMI) for April, expected is 50.0, prior was 50.1

Expected at 50? Is that expansion or contraction? Glass half full sorta guy that I am, I'm going with expansion.

  • Non-Manufacturing Purchasing Managers Index (PMI) for XXX, prior was 53.7