At 03:45 (GMT+2), China will publish April data on the manufacturing business activity index from Caixin. The indicator reflects the state of business activity in the national manufacturing industry based on a survey of purchasing and supply managers of leading national enterprises in all industries. At the same time, their attitude to the current economic situation and prospects are assessed. It may correct from the current 51.1 points to 51.0 points, putting pressure on the yuan.
