China Caixin China Services PMI below forecasts (52.6) in April: Actual (51.8)

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May 5, 2016

Australia's March retail sales solid, trade balance deficit shrinks

Australia's March retail sales came at 0.4% m/m vs 0.3% expected and 0% last, while the trade balance printed -2,163M vs -2,900M expected and -3,410M last.

China Caixin services PMI: Growth softens slightly in April

China Caixin April services PMI came at 51.8 vs 52.6 expected and 52.2 last, which represents a second consecutive month of expansion. Meanwhile, the composite reading stood at 50.8, down from 51.3.