Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

Analysis

Economics

China NBS Manufacturing PMI improves to 50.8 in March, Services PMI climbs to 53.0

FXStreet

Updated

Reviewed by

Mitrade

Source: DepositPhotos

China’s official Manufacturing Purchasing Managers' Index (PMI) improved to 50.8 in March from the previous reading of 49.1, the latest data published by the country’s National Bureau of Statistics (NBS) showed on Sunday. Markets expected a 49.9 readout in the reported month.

Meanwhile, the NBS Non-Manufacturing PMI climbed to 53.0 in March versus 51.4 in February.

Market reaction

At the time of writing, the AUD/USD pair is trading around 0.6527, up 0.18% on the day.

* The content presented above, whether from a third party or not, is considered as general advice only. This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

Do you find this article useful?

These 2 are Citi's key constraints to a more optimistic view on Europe Investing.com -- Analysts at Citi Research in a note dated Monday flag two key constraints that hinder a more optimistic outlook for Europe, particularly the Euro Area's economic prospects namely, the European Central Bank's (ECB) cautious approach to monetary policy and Germany's fiscal conservatism.

Author Investing.com

Sep 09, Mon

Investing.com -- Analysts at Citi Research in a note dated Monday flag two key constraints that hinder a more optimistic outlook for Europe, particularly the Euro Area's economic prospects namely, the European Central Bank's (ECB) cautious approach to monetary policy and Germany's fiscal conservatism.

China’s CPI inflation edges higher to 0.6% YoY in August vs. 0.7% expected China’s Consumer Price Index (CPI) rose at an annual pace of 0.6% in August after reporting a 0.5% growth in July.

Author FXStreet

Sep 09, Mon

China’s Consumer Price Index (CPI) rose at an annual pace of 0.6% in August after reporting a 0.5% growth in July.

Nonfarm Payrolls expected to show modest hiring rebound in August after July’s tepid report The US labor market data hold the key for markets to gauge the size of the expected interest-rate cut by the US Federal Reserve (Fed) in September, ramping up the volatility around the US Dollar (USD).

Author FXStreet

Sep 06, Fri

The US labor market data hold the key for markets to gauge the size of the expected interest-rate cut by the US Federal Reserve (Fed) in September, ramping up the volatility around the US Dollar (USD).

Rate cuts will help achieve a soft landing: UBS investing.com -- UBS Financial Services in a note dated Monday maintains its outlook that the U.S. economy is on track for a soft landing, but flags that the risks of a downturn are still significant.

Author Investing.com

Aug 27, Tue

investing.com -- UBS Financial Services in a note dated Monday maintains its outlook that the U.S. economy is on track for a soft landing, but flags that the risks of a downturn are still significant.

China trade balance jumps in June as exports surge; imports weaken Investing.com-- China’s trade balance grew more than expected in June on surging exports, while imports unexpectedly shrank as local demand remained subdued amid persistent concerns over the economy.

Author Investing.com

Jul 12, Fri

Investing.com-- China’s trade balance grew more than expected in June on surging exports, while imports unexpectedly shrank as local demand remained subdued amid persistent concerns over the economy.

Real-time Quote