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China official manufacturing PMI back into expansion

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    China official manufacturing PMI for March came in at 50.2 vs 49.4 expected and 49 last. The reading shows China back in expansionary territory (above 50.00), the best level seen since July 2015, and putting an end to what had been a downward tendency in the official NBS PMI series since August 2015.
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