China data - Caixin Services PMI for November 51.5 (expected 50.8) ...Middle East

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China data - Caixin Services PMI for November 51.5 (expected 50.8)
China Caixin Services PMI for November 2023expected 50.8, prior 50.4Key points from the report:Business activity and new orders increase at quickest rates in three months Confidence around the year-ahead improves Inflationary pressures weakenComposite is 51.6prior 50.0A welcome acceleration in November for all three of the Caixin PMIs. As noted just below this is in contrast to the very disappointing official PMIs for the month. We had the November official PMIs last week:China November PMIs: Manufacturing 49.4 (expected 49.7) Services 50.2 (expected 51.1)Manufacturing activity contracted for a second straight month, falling deeper into contraction. Both services and manufacturing disappoin

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