The Traderszone Network

Published in TZ Latest News 2 September, 2014 by The TZ Newswire Staff

China Services PMI Jumps Most On Record To 18-Month Highs

While Markit’s Manufacturing PMI fell in August, the apparent demand for ‘services’ in China exploded. China Services PMI jumped from the worst on record 50.0 in July to 54.1 in August (18-month highs). This is the biggest MoM rise in the data on record... because they can. We have nothing to add because it’s simply becoming too surreal and manipulated for rational explanation.

 

read more