Its non-manufacturing PMI day for the Caixin/Markit PMIs
These are not as much a focus as the manufacturing PMI, even though services are a huge and government-sponsored growing segment of the economy. Ah well ... I'm not here to argue with the mkt and what it chooses to focus on, am I?
Composite PMI for October
- prior was 51.2
Services PMI for October
- prior was 50.5
Both due at 0145GMT