Lower numbers than forecast tend to be bullish for xxx/CNY pairs and bearish for CNY/xxx pairs.
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 against a forecast of 52.3.
Other recent announcements which may affect the market's interpretation of the next Caixin Services PMI result:
Previous | Latest | ||||
---|---|---|---|---|---|
Consumer Price Index (MoM) | Bullish change | 0% | 0.7% | ||
Consumer Price Index (YoY) | Bullish change | 0.1% | 0.5% | ||
Producer Price Index (YoY) | (no change) | -2.3% | -2.3% |
Country: | China |
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Currency: | CNY |
Source: | IHS Markit |
Category: | Economic Activity |
Frequency: | Monthly |