Free Trial

Chinese PMI data, released over the...........>

CHINA: Chinese PMI data, released over the weekend, exhibited tentative signs
that the effects of the trade war with the U.S. are starting to bite. The
services sector outperformed, while the m'fing sector slowed.
- Sep's deceleration in the official manufacturing PMI came after a modest
rebound in Aug. The Sep reading was the slowest since Feb, due in part to the
slowing of the econ & increased trade frictions with the U.S. The production
index's growth moderated, the new orders index decelerated, while new export
orders contracted.
- Caixin's manufacturing PMI noted that "generally speaking, expansion across
the manufacturing sector weakened in September, as exports increasingly dragged
down performance and continued softening demand began to have an impact on
companies' production. In addition, the employment situation worsened further.
Downward pressure on China's economy was significant."
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story



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.