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china pmi data, page-3

  1. 11,522 Posts.

    China PMI has more stat noise than HSBC, and is around 1unit more optimistic, averaging both seems ok.

    Gse's start of quarter rally boosting markets, good breakouts across many incl A/U, got res on 4hr up at 104.95. Dax res tuned to ~7070, and Ftse at 5820.

    Cu spiked up to daily resistance, Shanghai slight inventory drawdown continuing, but LME added over whole week for first time in while.

    Oil lifting as well, however, Texas closed below the major support of highs from 2008-11, res at ~104.5

    Closed all positions on this spike.
 
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