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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.

The reading beat the market consensus of 51.5 in the reported month.

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China Caixin Manufacturing PMI came in at 51.7, above forecasts (51.5) in May

China Caixin Manufacturing PMI came in at 51.7, above forecasts (51.5) in May
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US Presi. Biden presents ceasefire plan; Hamas responds positively but Israel rejects

On Friday, US President Joe Biden outlined a three-stage ceasefire plan aimed at de-escalating the conflict between Israel and Hamas that seemed to have claimed about 36,000 lives since the war began last October.
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