Economic calendar in Asia Thursday, 3 August 2023, China services PMI

Today's PMI from China is the last one for July. Which is a bit of a relief, the story of the Chines July PMIs so far has not been a happy one:

• China official July Manufacturing PMI 49.3 (vs. expected 49.2) & Services 51.5
• China's Caixin Manufacturing PMI dropped into contraction July - stimulus hope remains

And economic stimulus from China remains piecemeal and limited. The new normal it does seem.

UBS gave a heads-up on the PMI due today, saying it'll be important for stimulus efforts. I suggest not holding your breath though:

• UBS have eyes on China's Caixin Services PMI for Politburo stimulus action

• This snapshot from the ForexLive economic data calendar, access it here.
• The times in the left-most column are GMT.
• The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.