Official PMIs from China were just released, the manufacturing PMI at its best for 3 months
The March PMI bounced from the lunar new year – impacted February result.
- manufacturing PMI in expansion for the 13th straight month
The official PMIs largely focuses on big and state-owned firms. Coming up are the Caixin / Markit PMIs which have a greater representation of firms smaller than the big and SOEs.
On April 1 at 0145 GMT we’ll get the Caixin/Markit Manufacturing PMI for March
And on April 6, at 0145
GMT, its the Caixin/Markit PMIs Services and Composite for March