Story thread · 8 reports / 3 sources

China PMIs preview: official manufacturing seen back above 50 before holiday

investinglive.com · 8h · first reportShare

A move in the official manufacturing PMI back above 50 would be read as a modest positive for China-sensitive assets, including the Australian dollar, the yuan and industrial metals. For oil, the question is whether the data changes the view on Chinese fuel demand, and a soft non-manufacturing print would keep demand worries alive. With mainland participants away for a week from Thursday, any surprise could be amplified in offshore trade. A miss on the official readings alongside a softer RatingDog services print would likely leave traders cautious into the break. --- China's September PMIs land in a single session before the holiday, with official manufacturing forecast to edge back above 50 while private-sector services momentum is seen fading slightly. Summary: China publishes official NBS and private RatingDog PMIs today, September 30, because of a week-long holiday starting Thursday, October 1. The NBS releases are due at 01:30 GMT (21:30 US Eastern on Tuesday, September 29) and t