What is it with Services PMIs? Always the bridesmaid.
Despite services being an enormous part of the these economies, and in China the growth of services is being actively supported (with cold, hard, IMF-approved yuan) by the government.
And yet ... Services PMI ... m'eh
If you're looking to cheer on the underdog, here's whats coming in Japan and China ...
0135GMT ... Japan
Nikkei Services PMI (November)
- prior was 52.2
Nikkei Composite PMI,
- prior was 52.3
Then, at 0145GMT ... China
Caixin Services PMI for November
- prior was 52.0
Caixin Composite PMI,
- prior was 49.9