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Economic calendar in Asia 03 July 2024 – China services PMI (Caixin)

Over the weekend we had the official National Bureau of Statistics (NBS) China PMIs for June

China’s offiical PMIs for June were mixed, disappointing on the whole

followed on Monday by the Caixin / S&P Global Manufacturing PMI:

China Caixin Manufacturing PMI for June 2024 51.8 (expected 51.2, prior 51.7)

Today we get the Caixin / S&P Global Services PMI, which is expected to have declined a little from May but to have remained firmly in expansion. A result inline with expectations should, at the margin, be supportive for the China and China-proxy trade (eg. AUD).

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 there is a number, is the consensus median expected.

This article was written by Eamonn Sheridan at www.forexlive.com.

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