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sludgehound

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sludgehound

Re: None

Wednesday, 05/20/2015 10:26:29 PM

Wednesday, May 20, 2015 10:26:29 PM

Post# of 648882
2 overseas late nite China HSBC & NZ budg

Chinese HSBC Manufacturing PMI (May P) M/M 49.1 vs. Exp. 49.3 (Prev. 48.9); 3rd month of contraction
- Output sub-index fell to 13 month low of 48.9.
- The sub-index on new export orders fell to a 23 month low of 46.8.

22:03 New Zealand forecasts a 2015-2016 budget surplus of NZD 1.76mln and a surplus of NZD 1.48bln in 2016-2017; sees inflation reaching 2% in Q4 2016
- Forecasts 2014-2015 budget deficit of NZD 684mln.

The greatest deception men suffer is from their own opinions.
~ Leonardo da Vinci

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