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Forex news -forex broker review => Forex => Topic started by: forex4you on Jan 02, 2023, 10:56 am

Title: Heads up for Chinese data to be published over the weekend - official PMIs for December
Post by: forex4you on Jan 02, 2023, 10:56 am
Heads up for Chinese data to be published over the weekend - official PMIs for December

<p>Coming up on Saturday, 31 December 2022 are the December PMIs from China's National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing (CFLP). </p><p>The December results are likely to show the ill-effects of surging COVID-19 cases in China as the country embraced reopening. </p><ul><li>Composite prior was 47.1</li></ul><p>On those 'expected' results, it's a small sample survey only. I expect both results will remain in contraction. </p><p>Also, while you are here, Asian trading this coming Monday, January 2, will be neglibile. It's the New Year observance holiday in all major forex centres and China. </p><ul><li>Japan, Singapore, Hong Kong, Australia and New Zealand markets are all closed. </li></ul>

                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Heads up for Chinese data to be published over the weekend - official PMIs for December (https://www.forexlive.com/news/heads-up-for-chinese-data-to-be-published-over-the-weekend-official-pmis-for-december-20221230/https://www.forexlive.com/news/heads-up-for-chinese-data-to-be-published-over-the-weekend-official-pmis-for-december-20221230/)

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