The data focus for the session is from China, the second of the monthly PMIs. Yesterday we had:
The official PMI and the private survey PMI, due today, are different:
- The Official PMI survey typically polls a large proportion of big businesses and state-owned enterprises.
- Caixin indicator features a bigger mix of small- and medium-sized firms
- This snapshot from the ForexLive economic data calendar, access it here.
- The times in the left-most column are GMT.
- The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where is a number, is the consensus median expected.
I’ve noted data for New Zealand (there is none due today) and Australia with text as the similarity of the little flags can sometimes be confusing.
