Edge and Odds

The enemy of knowledge is not ignorance, it’s the illusion of knowledge (Stephen Hawking)

It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so (Mark Twain)

Edge and Odds

Invest with smart knowledge and objective odds

CHINA FLASH MANUFACTURING PMI UP 0.3 TO 48.3

  • Flash China Manufacturing PMI™ at 48.3 in April (48.0 in March). Two-month high.
  • Flash China Manufacturing Output Index at 48.0 in April (47.2 in March). Two-month high.

The HSBC Flash China Manufacturing PMI stabilised at 48.3 in April, up from 48.0 in March. Domestic demand showed mild improvement and deflationary pressures eased, but downside risks to growth are still evident as both new export orders and employment contracted.

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