CHINA PMIs DIVERGE; OFFICIAL READ STILL ABOVE 50
• China’s official PMI stays above 50, and surprisingly increases to 50.3.
• Market reaction treats data with suspicion as pro‐China trade sees no sustained leg higher.
• Korean CPI remains subdued, but headline picks up; trade dynamics settle in for a seasonal lull.
• Indonesian data dump today to put IDR at risk.
Read the full report: FX Daily
Scotiabank