Wednesday, 21 November 2012
Commodity Tips Advisory
Chinese manufacturing activity improved for the first time in more than a
year in November, the preliminary reading of a survey by HSBC showed
Thursday. The so-called flash manufacturing Purchasing Managers' Index
for November printed at 50.4 -- above the 50-point threshold that
separates improvement from deterioration -- for the first time in 13
months, the HSBC survey showed. In October, the final reading of the
HSBC China manufacturing PMI came in at 49.5. The flash, or preliminary
reading, is based on about 85% to 90% of the responses in HSBC's survey.
20:07
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