Evening data live
Both PMI data in the evening exceeded expectations, which is bearish
The initial value of the global service industry PMI is 55.1, and the expected value is 53.7
The initial value of the global manufacturing PMI is 51.7, and the expected value is 51
PMI data is not as important as non-agricultural data, CPI and other data
But there are also certain bearish factors
Spot positions below 50%,
Many coins have fallen a lot, and there is no need to reduce positions
It has already fallen before the data is released
Although the data is slightly bearish, the market will not continue to fall