China Caixin PMI Services dropped from 49.3 to 48.4 in October, below expectation of 49.2. PMI Composite dropped from 48.5 to 48.3. Both were the lowest readings since May. Wang Zhe, Senior Economist at Caixin Insight Group said: “Both supply and demand contracted to different degrees. The overall employment level increased slightly thanks to an […]

The post China Caixin PMI services dropped to 48.4, lowest since May appeared first on Action Forex.