HSBC Manufacturing PMI Above 50 In June – Recovery Gaining Traction

1:55 AM No Comments

The flash estimate for China's Markit/HSBC manufacturing PMI in June improved to 50.8 (consensus: 49.7, Danske: 50.0) from a final reading of 49.4 in May. This was the third month in a row with an improvement and the Markit/HSBC manufacturing PMI is now at its highest levels since November 2013.



Continue Read...