China Caixin Manufacturing PMI for January 50.8 (expected 50.6) ...Middle East

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The privately-surveyed manufacturing PMI from China for January, Caixin/S&P Global comes in better than expected at 50.8expected 50.6, prior 50.8Key findings highlighted in the report:Production continues to expand modestly, but total sales growth softens New export business rises for first time in seven months Business confidence improves to nine-month high**Yesterday we had the official PMIs for December, manufacturing was in contraction for the ninth of the past 10 months:China January Manufacturing PMI 49.2 (vs. 49.2 expected) Services 50.7 (expected 50.6)The official PMI survey covers large and state-owned companies, while the Caixin PMI survey covers small and medium-sized enterprises.

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China Caixin Manufacturing PMI for January 50.8 (expected 50.6) ...Middle East

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