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Chinese PMI Points To Continued Recovery

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Chinese PMI for May was broadly in line with consensus expectations. Caixin PMI manufacturing fell only slightly to 49.2 from 49.4 in April. We had been looking for a bigger decline to 48.5 as we look for a further correction to the significant rise seen in March.[​IMG]

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