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Tag Archives: China PMI
More Ugly Chinese Economic Data
The fiscal stimulus and trade concessions cometh? The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) for December, released on Wednesday, fell to 49.7 from 50.2 in November, marking the first contraction since May 2017. Economists polled by Reuters had forecast only … Continue reading
China’s Caixin service PMI rises to 17-month high
The Caixin China Services PMI rose to 53.4 in December of 2016 from 53.1 in November while market expected 53.3. It was the fastest growth since July 2015, as new orders rose the most in 17 months and business expectations … Continue reading
China HSBC Flash PMI At 4-Month Low
The HSBC Flash China Manufacturing PMI is showing further contraction. Could worries over China slowing, coupled with renewed jitters in Europe, be the catalyst for the long awaited correction in global equities? That’s how we’re positioned, but recognize it’s a … Continue reading
Posted in Black Swan Watch, China, Economics
Tagged China PMI, Correction, HSBC, Stock Market
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Will It Hold?
China ‘s PMI came in at 55.2 from 54.7 in October, better than expected. The reports also showed input prices surging, however, reinforcing expectations that interest rate hikes are imminent. The Shanghai Composite is right at its 200-day moving average … Continue reading
