Economic calendar in Asia 03 April 2023 - another Chinese manufacturing PMI

Before we start, check out the huge weekend news:

• Saudi Arabia and other gulf states announce 1 million barrels per day in oil output cuts

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We had official PMIs from China on Friday:

• China March Official PMI: Manufacturing 51.9 (expected 51.5) Services 58.2 (exp 54.3)

Today we get the privately surveyed manufacturing PMI, from S&P Global / Caixin. The official and private surveys are different and provide slightly different views of the Chinese economy. There is a greater representation of large and SEO firms in the official PMIs.