Currency Note Worldwide

Weak manufacturing data from China

By Ricky Bean May 31st, 2016

The week ahead is busy for the commodity currencies, starting Canadian growth figures in the afternoon. These are expected to stay exactly as they were last month.

Wednesday sees China release a manufacturing Purchasing Managers’ Index (PMI). The Caixin manufacturing is expected to show industry contraction once more, after not having seen any expansion since March 2015. Any surprises, however, could cause unexpected movement in renminbi markets.

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