Open Demo Account
Home / Market Update / China: Caixin Manufacturing PMI Improves in September

China: Caixin Manufacturing PMI Improves in September

Adel 30 September, 2021 11:13 am Market Update

China’s Caixin Manufacturing PMI for September came in at 50.0 vs. 49.5 expected and 49.2 for August, indicating that the country’s manufacturing sector is heading towards expansion territory.

Earlier, China’s official manufacturing PMI contracted to 49.6 in September from 50.1 in August and 50.1 expected, the National Bureau of Statistics (NBS) reported.

The AUD/USD is holding its bounce after the upbeat Chinese Caixin PMI data, as it trades around 0.7200.

Tags

Check Also

U.S. Stock Futures Edge Higher as Markets Stabilize Despite Amazon Capex Shock

U.S. stock index futures ticked higher on Friday, recovering part of the sharp losses seen …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends