NEW CANADA FINANCE MIN SAYS TRUDEAU HAS CABINET'S FULL SUPPORT

MNI BRIEF: Fed To Expand SRF Around Year-End Market Pressures

MNI BRIEF: Justice Min Declines To Say If Trudeau Should Stay

MNI CNB WATCH: Rate Held At 4.0%; Inflation Rise 'Temporary'

MNI BRIEF: High Bar For Changing 100BP Guidance-BCB's Galipolo

MNI BRIEF: US Nov Existing Home Sales Jumps 4.8% To 4.15M

EZ/UK Bond Supply Calendar: AS, UK, DE Auction on Jan 7

EZ/UK T-Bill Calendar: 1/3/6-Month UKTB Auction on Friday

US EIA:NAT GAS STORAGE -125 BCF TO 3,622 BCF DEC 13 WK

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CHINA:  CAIXIN PMI Services Stronger for October. 

CHINA
EM BulletAPACChinaEmerging Market NewsBulletGlobalFixed Income BulletsForeign Exchange BulletsRegionMarkets
  • Today’s CAIXIN PMI Services came in at 52.0 for October
  • This was a rise from September’s release of 50.3.
  • Following the release earlier in the month of the CAIXIN PMI Manufacturing at 50.3, the resulted in composite rising to 51.9 from 50.3.
  • The results are consistent with recent data which indicates that the impact of the various stimulus packages are starting to show up in the broader economy.
  • The CAIXIN PMI Survey covers small and medium sized businesses and therefore is considered a more reliable indicator of the performance of China’s private sector. 
90 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • Today’s CAIXIN PMI Services came in at 52.0 for October
  • This was a rise from September’s release of 50.3.
  • Following the release earlier in the month of the CAIXIN PMI Manufacturing at 50.3, the resulted in composite rising to 51.9 from 50.3.
  • The results are consistent with recent data which indicates that the impact of the various stimulus packages are starting to show up in the broader economy.
  • The CAIXIN PMI Survey covers small and medium sized businesses and therefore is considered a more reliable indicator of the performance of China’s private sector.