{"id":145478,"date":"2023-09-01T14:16:08","date_gmt":"2023-09-01T08:46:08","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=145478"},"modified":"2023-09-01T14:16:08","modified_gmt":"2023-09-01T08:46:08","slug":"chinas-caixin-manufacturing-pmi-unexpectedly-expands-to-51-0-in-august-vs-49-3-expected-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/chinas-caixin-manufacturing-pmi-unexpectedly-expands-to-51-0-in-august-vs-49-3-expected-crypto-news\/","title":{"rendered":"China&#8217;s Caixin Manufacturing PMI unexpectedly expands to 51.0 in August vs. 49.3 expected &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>According to the latest data published on Friday, China&#8217;s Caixin Manufacturing Purchasing Managers&#8217; Index (PMI) jumped back into the expansion territory, coming in at 51.0 in August when compared to July\u2019s contraction of 49.2. The data surprised the market to the upside, as they had expected a 49.3 reading.<\/p>\n<h2 class=\"fxs_headline_medium\">Key highlights (via Caixin)<\/h2>\n<blockquote>\n<p>Operating conditions improve for manufacturers in August.<\/p>\n<p>Fresh increases in output and new business.<\/p>\n<p>Employment returns to growth.<\/p>\n<p>Input costs rise for first time since February.<\/p>\n<\/blockquote>\n<p>On Thursday, China\u2019s National Bureau of Statistics (NBS) released the country\u2019s official Manufacturing Purchasing Managers&#8217; Index (PMI), which improved to 49.7 in August as against the 49.3 contraction in June. The market consensus was for a 49.4 figure.<\/p>\n<h3 class=\"fxs_headline_medium\">AUD\/USD reaction<\/h3>\n<p>The upbeat print of the Chinese\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/economic-calendar\/united-states\">Manufacturing PMI<\/a>\u00a0fails to impress the Aussie Dollar, as\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/audusd\">AUD\/USD<\/a>\u00a0is keeping its range at around 0.6480, almost unchanged on the day.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: According to the latest data published on Friday, China&#8217;s Caixin Manufacturing Purchasing Managers&#8217; Index (PMI) jumped back into the expansion territory, coming in at 51.0 in August when compared to July\u2019s contraction of 49.2. The data surprised the market to the upside, as they had expected a 49.3 reading. Key highlights (via Caixin) Operating [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":58350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[377,201,248,251,297,246,257,843,255,250,1064,252,1063,247,253,249,256,254],"class_list":["post-145478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-audusd","tag-blockchain","tag-bsc","tag-chainlink","tag-china","tag-coin","tag-cryptocurrency","tag-economicindicator","tag-gta","tag-looks-rare","tag-manufacturing","tag-oracle","tag-pmi","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/145478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=145478"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/145478\/revisions"}],"predecessor-version":[{"id":145479,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/145478\/revisions\/145479"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/58350"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=145478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=145478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=145478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}