Chinese manufacturing PMI rose more than expected in May

Market news

31 May 2018

Chinese manufacturing PMI rose more than expected in May

The manufacturing sector in China continued to expand in May, and at a faster rate, the National Statistics Bureau said on Thursday with a manufacturing PMI score of 51.9, cited by rttnews.

That exceeded forecasts for 51.4, which would have been unchanged from the April reading.

The bureau also said that its non-manufacturing PMI came in with a score of 54.9.

That also beat expectations for 54.8, which also would have been unchanged.

Fed Beige Book: economic activity expanded moderately across most of U. S. in late april, early may

UK annual house price growth slowed modestly in May to 2.4%, from 2.6% in April

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.