SPX7,403-0.07%DOW49,686+0.32%EUR/USD1.1644+0.25%GBP/USD1.3415+0.80%BTC$76,806-0.80%ETH$2,132+0.19%XAU$4,542-0.24%BRENT$109.82-2.03%SPX7,403-0.07%DOW49,686+0.32%EUR/USD1.1644+0.25%GBP/USD1.3415+0.80%BTC$76,806-0.80%ETH$2,132+0.19%XAU$4,542-0.24%BRENT$109.82-2.03%

SPX7,403-0.07%DOW49,686+0.32%EUR/USD1.1644+0.25%GBP/USD1.3415+0.80%BTC$76,806-0.80%ETH$2,132+0.19%XAU$4,542-0.24%BRENT$109.82-2.03%SPX7,403-0.07%DOW49,686+0.32%EUR/USD1.1644+0.25%GBP/USD1.3415+0.80%BTC$76,806-0.80%ETH$2,132+0.19%XAU$4,542-0.24%BRENT$109.82-2.03%

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CNYMacroChinaism_manufacturingactivityforexTOP TIER

NBS Non Manufacturing PMI

Actual

—

Forecast—

Previous49.4

Current takeaway

CNY release pending - market reaction depends on deviation from forecast and forward guidance.

Historical series

Historical series is not available for this event yet.

Market impact

Channel

Bias

Short note

USD

→ Neutral

spillover

Yields

→ Neutral

secondary

Equities

→ Neutral

risk beta

Crypto

→ Neutral

liquidity

Dependencies

Causal path

Inflation expectations→Rates→USD liquidity→Risk assets→BTC / Nasdaq→forex→indices

Linked catalysts

Connected releases

Event facts

Next release

Jun 1, 2026 • 01:45

Previous release

Measures

Business activity

Usual effect

Stronger actual than forecast is usually bullish for CNY

Frequency

Monthly

Why traders care

No additional context is available yet.

Also called

Ism_manufacturing

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