China Derisking With Credit Positive Economic Change says Moody’s

05 Jun '18 at 7:23 am #16901
Truman
Participant

Meanwhile out tonight Caixin May PMIs for China

China PMIs (May):
Services 52.9 (expected 52.9, prior 52.9),
Composite 52.3 (prior 52.3)

Highlights
Growth of services activity remains stronger than factory production
Hiring at services companies offsets further job cuts at goods producers
Input costs rise at slightly quicker pace