Current Wave Data

Economic calendar in Asia - Thursday, January 2, 2025 - China manufacturing PMI | Forexlive


Economic calendar in Asia - Thursday, January 2, 2025 - China manufacturing PMI | Forexlive

Asian Economic Calendar: Key Events and Consensus Expectations for 02 January 2025

Earlier this week we had the official PMIs from China for December:

The manufacturing PMI disappointed, but non-manufacturing jumped solidly higher:

Today we get the second of China's monthly manufacturing PMIs, from Caixin/S&P Global, due at 0145 GMT, which is 2045 US Eastern time:

Ahead of the official PMIs I posted about the differences between the official and the Caixin PMIs. ICYMI, here it is again.

The PMIs (Purchasing Managers' Indexes) from China's National Bureau of Statistics (NBS) and Caixin/S&P Global differ primarily in survey scope, methodology, and focus. Here's a breakdown of the key differences:

By analyzing both, investors and policymakers can obtain a more comprehensive picture of China's economic health and its underlying dynamics.

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