Shanghai Has A Monster Night After Blistering PMI

Huge night for the Shanghai composite:

chart

The reason?

A PMI of 54.8 came in nicely ahead of expectations, confirming intact growth. (Chart via PragCap)

chart

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

china moneygame-us