
Caixin Services PMI data for April are due at 03:45 (GMT+2). The indicator reflects the state of business activity and is calculated on the basis of a survey of purchasing managers of service enterprises. At the same time, the attitude of purchasing managers to the current economic situation and prospects for its further development is evaluated. The value is expected to increase from 48.1 points to 50.0 points, which may have a positive impact on the yuan.

