The typical/expected impact on CNY pairs is high.
The consensus forecast for Caixin Manufacturing PMI is 51.5. A higher value than forecast tends to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.
The most recent announced value for Caixin Manufacturing PMI was 51.7 against a forecast of 51.7.
Other recent announcements which may affect the market's interpretation of the next Caixin Manufacturing PMI result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| NBS Manufacturing PMI | Bearish change | 50.3 | 49.2 | ||
| NBS Non-Manufacturing PMI | Bearish change | 50.2 | 49 |
| Country: | China |
|---|---|
| Currency: | CNY |
| Source: | IHS Markit |
| Category: | Economic Activity |
| Frequency: | Monthly |