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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
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Dots

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Sunday, April 01, 2012

China's Manufacturing PMI is a Mystery

Will the correct Chinese Manufacturing Data please present itself? As shown on the graphs below, two data releases made on March 31st show widely differing results even though the first one (CFLP Manufacturing PMI) mentions that it's "tightly correlated" with HSBC Manufacturing PMI.

Perhaps Asian market reaction Monday morning will shed some light as to which one is correct.