Higher numbers than forecast tend to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.
The typical/expected impact on CNY pairs is high.
There is no forecast value for Caixin Services PMI yet - check back for updates.
The most recent announced value for Caixin Services PMI was 52.1 against a forecast of 52.
Other recent announcements which may affect the market's interpretation of the next Caixin Services PMI result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Industrial Production (YoY) | Bearish change | 4.9% | 4.8% | ||
| Retail Sales (YoY) | Bearish change | 2.9% | 1.3% |
| Country: | China |
|---|---|
| Currency: | CNY |
| Source: | IHS Markit |
| Category: | Economic Activity |
| Frequency: | Monthly |