The typical/expected impact on CNY pairs is high.
There is no forecast value for Caixin Services PMI yet - check back for updates.
The most recent announced value for Caixin Services PMI was 51.1 against a forecast of 51.1.
Recent economic data has been moderately bearish for CNY. Other recent announcements which may affect the market's interpretation of the next Caixin Services PMI result:
Previous | Latest | ||||
---|---|---|---|---|---|
Exports (YoY) | Bearish change | 8.1% | 4.8% | ||
Exports (YoY) CNY | Bearish change | 9.3% | 6.3% | ||
Imports (YoY) | Bearish change | -0.2% | -3.4% | ||
Imports (YoY) CNY | Bearish change | 0.8% | -2.1% | ||
Trade Balance CNY | Bullish change | 689.99B | 743.56B | ||
Trade Balance USD | Bullish change | $96.18B | $103.22B | ||
Consumer Price Index (MoM) | Bearish change | 0.1% | -0.2% | ||
Consumer Price Index (YoY) | (no change) | -0.1% | -0.1% | ||
Producer Price Index (YoY) | Bearish change | -2.7% | -3.3% | ||
Caixin Manufacturing PMI | Bearish change | 50.4 | 48.3 | ||
NBS Manufacturing PMI | Bullish change | 49 | 49.5 | ||
NBS Non-Manufacturing PMI | Bearish change | 50.4 | 50.3 |
Country: | China |
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Currency: | CNY |
Source: | IHS Markit |
Category: | Economic Activity |
Frequency: | Monthly |