News Headline Summary

Hang Seng and Shanghai Composite move back to flat on the session having opened lower ahead of the release of the HSBC Chinese Services PMI due in 5 minutes

Analysis details (02:42)

- As a reminder we did see the release of the official service PMI at the weekend which showed a marked improvement on previous coming in at 55.5 (Oct) from 53.7.
- Participants may well be looking for the HSBC reading to follow suit.
- HSBC reading has no expectation but came in previously (Sep) at 54.3.

05 Nov 2012 - 02:40 - Data - Source: RANsquawk

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: