Free Trial



Post-FOMC React: Bonds Gaining

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
CHINA DATA: The Caixin China services PMI rose 1.4 points to 44.4 in April on a
monthly basis but remained in the contractionary zone below the breakeven 50,
indicating that the output of the service industry continues to decline but at a
slower pace.
- The new order sub-index declined for the third consecutive month, while the
new export order sub-index fell to the second lowest in record, indicating
shrinking demand both at home and overseas, said Caixin. 
- Service companies have reduced employment levels for the third month, with the
employment sub-index dropping to the lowest level in history, according to
- The increase reported by Caixin was in line with the official PMI for the
services sector, released April 30, which rose 0.3 points to 52.1.

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.