Earlier in the week we had official PMIs from China

• China factory PMI beats forecast at 50.3 as AI-linked exports drive expansion
• China’s domestic demand engine sputtering despite stronger headline PMI

And also the private manufacturing PMI:

• RatingDog PMI caps China’s strongest quarter for manufacturing since 2020

Today it’s the private services PMI. The ‘expected” I have seen for this is 53.0, down slightly from May but still solidly in expansion.

• I’ve noted data for New Zealand and Australia above with text as the similarity of the little flags can sometimes be confusing.

This article was written by Eamonn Sheridan at investinglive.com.