Then they will deliver their ISM Services PMI, factory order data, and foreign trade data. Meanwhile, the widely-watched ISM factory PMI 'improved' slightly, meaning it contracted less. In China, the Caixin factory PMI surprised with a small expansion, when a small contraction was anticipated. Given the official factory PMI out earlier showed a contraction, this is a double surprise. Out soon will be the official data on Chinese home sales.

Source: New Zealand Herald September 03, 2023 22:47 UTC