PBOC sets USD/CNY reference rate at 7.1086 vs. 7.1088 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Monday at 7.1086, as against the previous day's fix of 7.1088 and 7.2378 Reuters estimates.
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China's Caixin Manufacturing PMI rises to 51.7 in May vs. 51.5 expected

China's Caixin S&P Global Manufacturing Purchasing Managers' Index (PMI) rose from 51.4 in April to 51.7 in May, according to the latest data released on Monday.
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