Headline PMI Supported Chinese Shares

The Asia session starts with releases of Chinese factory data. The official manufacturing PMI climbed +0.1 point to 50.2, the highest level in 6 months, in May from April's 50.1, in line with expectations The non-manufacturing PMI fell to 53.2, the lowest since December 2008, from 53.4 in April. Meanwhile, the final reading of HSBC/Markit PMI edged up to 49.2 in May, up modestly from the preliminary reading of 49.1 and April's 48.9.

from Oil N' Gold Focus http://ift.tt/1M2E6TA