China PMI This Wednesday To Dominate Economic Headline News

In a holiday-thinned week for Asian markets, focus is likely to fall on the official Chinese purchasing mangers’ index (PMI) for the latest clues on how the manufacturing sector in the world’s second biggest economy is faring.

The December PMI data is due out on Wednesday and is followed on Thursday by the release of the final reading of the HSBC China PMI for December.

The official PMI stood at 51.4 in November, while the preliminary reading on the HSBC survey showed manufacturing activity slowed in December, raising concerns about the outlook for the Chinese economy.


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Mingze Wu

Mingze Wu

Currency Analyst at Market Pulse
Based in Singapore, Mingze Wu focuses on trading strategies and technical and fundamental analysis of major currency pairs. He has extensive trading experience across different asset classes and is well-versed in global market fundamentals. In addition to contributing articles to MarketPulseFX, Mingze centers on forex and macro-economic trends impacting the Asia Pacific region.
Mingze Wu