At 0145 GMT is the second of the monthly manufacturing PMIs from China, the Caixin / Markit survey. Earlier this week we had the official PMIs from China's National Bureau of Statistics. The privately surveyed, and thus unofficial, PMIs from Markit/Caixin is a different survey. There is a greater representation of large and SEO firms in the official PMIs than in the Caixin / Markit PMI.
From the NBS survey:
- China official Manufacturing PMI 48.0 (expected 49.0) & Services 46.7 (expected 48.0)
- More on China's Nov. PMI plunge into deep contraction for both manufacturing and services
The official NBS manufacturing PMI was ugly, I suspect today's will confirm the poor results are not only in large and SEOs./
This snapshot from the ForexLive economic data calendar, access it here.
The times in the left-most column are GMT.
The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
