Home
News
默认头像

China’s Caixin Services PMI jumps to 54.0 in May vs. 52.6 expected

2024-06-21FXStreetFXStreet
China's Services Purchasing Managers' Index (PMI) jumped from 52.5 in April to 54.0 in May, the latest data published by Caixin showed on Wednesday.

China's Services Purchasing Managers' Index (PMI) jumped from 52.5 in April to 54.0 in May, the latest data published by Caixin showed on Wednesday.

The data beat the market expectations of 52.6 by a wide margin in the reported period.

AUD/USD reaction to China’s Services PMI

At the time of writing, the AUD/USD pair is trading 0.23% on the day to retest intraday highs near 0.6660.

Disclaimers

The article is sourced from FXStreet with the original source credited. The views expressed herein are not affiliated with FXOR; readers are encouraged to approach the content rationally. Copyright belongs to the original author. If unintentional infringement upon media or personal intellectual property rights has occurred, please contact us, and we will promptly remove the content. FXOR merely provides information storage services. The article is compiled and released by FXOR; reprints must indicate the original source.