Chinese NBS Manufacturing PMI (Apr) 50.3 vs. Exp. 50.2 (Prev. 50.4)
Context
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. 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.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#CHINA#ASIA#DATA#IMPORTANT#FOREX#ASIAN SESSION#PURCHASING MANAGER INDEX#OTHER DATA