Chinese NBS Manufacturing PMI (Apr) 50.3 vs. Exp. 50.2 (Prev. 50.4)
The Chinese NBS Manufacturing PMI for April came in at 50.3, slightly beating expectations of 50.2 but down from the previous month's 50.4.
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 Manufacturing PMI (Apr) 50.3 vs. Exp. 50.2 (Prev. 50.4)
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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This marginal improvement suggests mild expansion in manufacturing activity, indicating resilience in the sector, which may influence sentiment around Chinese economic stability and impact forex markets, particularly CNY movements.
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