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ForexLive Asia FX news wrap: Another better China PMI

July 01, 2020 at 03:56AM

ForexLive Asia FX news wrap: Another better China PMI

Forex news for Asia trading Wednesday 1 July 2020 

China’s Caixin PMI for May came in at 51,2, well above the
consensus market expectation of 50.5 and April’s reading of 50.7.
Other Asian Markit PMIs were similarly more promising. These
indications of rebound in the region’s manufacturing sentiment are
encouraging but there is a ways to go. The situation
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