Wednesday, October 23, 2013

China October flash PMI beats estimates -10/23/13


China October flash PMI beats estimates

China October HSBC Flash PMI: 50.9 versus 50.4 expected and 50.2 previous.

New orders hit a seven-month high at 51.6.

The data is welcome news for investors. Earlier this month, an unexpectedly weak read on exports raised questions about the vitality of the Chinese growth engine.

China ETFs - Stocks: FXI, GXC, PGJ, YAO, FCHI, PEK, CAF, YXI, XPP, FXP, MCHI, YINN, YANG, TCHI, CHXF, KFYP, HAO, ECNS. Bonds: DSUM, CHLC. Currency: CNY, CYB, FXCH
For the latest updates on the stock market, visit, 
http://daytradingstock-blog.blogspot.com/