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HSBC PMI for China ahead - BBH

FXStreet (Barcelona) - HSBC flash reading for September China PMI will be reported, expected at 50.0 vs. 50.2 final August reading.

Key Quotes:

“With data coming in on the weak side in August, we look for more targeted stimulus ahead”.

“Liquidity issues are likely to remain in play ahead of the October national holidays, and so more liquidity adds by the PBOC are also likely to be seen”.

“We do not, however, look for any large-scale stimulus measures”.

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