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Economic calendar Asia,Tuesday, 3 January 2023: Another December manufacturing China PMI

Started by forex4you, Jan 03, 2023, 04:33 am

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Economic calendar Asia,Tuesday, 3 January 2023: Another December manufacturing China PMI

<p>I posted the official Chinese PMIs  over the weekend:</p><ul><li><a href="https://www.forexlive.com/news/china-official-pmis-manufacturing-470-vs-prior-480-services-416-prior-467-20221231/" target="_blank" rel="follow">China official PMIs: Manufacturing 47.0 (vs. prior 48.0) & Services 41.6 (prior 46.7)</a></li></ul><p>These are from China's National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing (CFLP).</p><p>Today we get the privately surveyed manufacturing PMI from China. These are different surveys, there is a greater representation of large and SEO firms in the official PMIs.</p><p>Although the PMI today is likely to show another contractionary reading this'll be largely looked through. China is experiencing a blowout wave of COVID-19 infections with the rapid reopening moves. The wave will pass. </p><p>Major forex centres reopen in Asia today. On Monday (January 2) Japan, Singapore, Hong Kong, Australia and New Zealand markets were all closed. China was also out on Monday.</p><p>Europe/UK and the US will reopen later on Tuesday also. </p><p>Happy New Year everyone!</p>

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

Source: Economic calendar Asia,Tuesday, 3 January 2023: Another December manufacturing China PMI

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