China's Caixin services PMI for December rose to 52.9, up from 51.5 in November, indicating the fastest expansion in five months. In contrast, the U.S. S&P Global composite PMI for December was 50.9, slightly below expectations, while the U.S. ISM December services PMI fell to 50.6 from 52.7 in November.
US ISM December Services PMI 50.6 Vs Nov 52.7
🔸 U.S S&P GLOBAL COMPOSITE PMI (DEC) ACTUAL: 50.9 VS 50.7 PREVIOUS; EST 51.0 🔸 U.S SERVICES PMI (DEC) ACTUAL: 51.4 VS 50.8 PREVIOUS; EST 51.3
Activity in China’s services sector expanded at the fastest pace in the past five months in December, according to the Caixin services PMI index. https://t.co/mNYitWCJ4h
#China's #services activities expanded at fastest pace in five months in Dec, showed private survey. Caixin Service PMI reached 52.9 in Dec, vs previous 51.5, expected 51.6. https://t.co/haGgRmRP6L
#China's #services activities expanded at faster pace in Dec showed private survey. Caixin Service PMI reached 52.9 in Dec, vs previous 51.5, expected 51.6. https://t.co/haGgRmRP6L
🔴 CHINA CAIXIN/ S&P GLOBAL DECEMBER SERVICES PMI AT 52.9, UP FROM 51.5 IN NOVEMBER