Chinese NBS General PMI (Apr) 50.1 (Prev. 50.5)
The latest Chinese PMI data shows a slight decline to 50.1 from the previous 50.5, indicating a slowdown in manufacturing activity.
Chinese RatingDog Manufacturing PMI (Apr) M/M 52.2 vs exp. 50.9 (prev. 50.8)
US CENTCOM has asked to send the Army's hypersonic missile to the Middle East for possible use against Iran, Bloomberg reports citing sources
Chinese NBS General PMI (Apr) 50.1 (Prev. 50.5)
PBoC injects CNY 126.2bln via 7-day reverse repos with the rate maintained at 1.40%
PBoC sets USD/CNY mid-point at 6.8628 vs exp. 6.8414 (prev. 6.8608)
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While it remains above the neutral level of 50, the dip may suggest waning momentum, which could raise concerns about economic strength and impact sentiment in both domestic and international markets. Traders should watch for implications on future policy and currency movements as investors digest this data.
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