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CHINA: November’s PMI Sees as Post Stimulus Bump. 

CHINA
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  • China's Manufacturing Purchasing Managers Index rose to 50.3 in November, from 50.1 in October , above the 50 mark for the second month.
  • Signs are filtering through that the significant stimulus policies  are continuing to take effect, data from the National Bureau of Statistics showed Saturday.
  • The Non-manufacturing PMI however declined to 50.0 (from 50.2).
  • For manufacturing, new orders rose from 50.0 to 50.8, output rose from 52.0 to 52.4 and the expectation for business activity rose to 54.7.
  • Key areas of decline still in decline were employment 48.2, output prices 47.7 and inventories for finished goods 47.4.
  • The PMI for the steel industry declined from +54.6 to +50.6 for November as output stalled.
  • Later today will see the Caixin PMI Manufacturing release which gives a broader understanding of how corporates are faring. 
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  • China's Manufacturing Purchasing Managers Index rose to 50.3 in November, from 50.1 in October , above the 50 mark for the second month.
  • Signs are filtering through that the significant stimulus policies  are continuing to take effect, data from the National Bureau of Statistics showed Saturday.
  • The Non-manufacturing PMI however declined to 50.0 (from 50.2).
  • For manufacturing, new orders rose from 50.0 to 50.8, output rose from 52.0 to 52.4 and the expectation for business activity rose to 54.7.
  • Key areas of decline still in decline were employment 48.2, output prices 47.7 and inventories for finished goods 47.4.
  • The PMI for the steel industry declined from +54.6 to +50.6 for November as output stalled.
  • Later today will see the Caixin PMI Manufacturing release which gives a broader understanding of how corporates are faring.