China's manufacturing data is poor, NYMEX crude oil closed lower on May 1

China and the U.Sreported poor manufacturing purchasing managers' indices, while U.Sprivate sector employment was weaker than expected, while the Fed's policy meeting was not new, while U.Scrude oil (91.18, 0.15, 0.16%) inventory data rose sharply and crude oil prices fellNYMEX May crude futures hit a high of $93.26 a barrel, falling as low as $90.11 a barrel, or 2.60 percent, to $91.03 a barrelipM
Wednesday (May 1) :ipMChina and the U.Sreport poor manufacturing purchasing managers' index, while U.Sprivate sector employment was weaker than expected, while the Federal Reserve's policy meeting results were not new, and U.Scrude oil prices fell after a sharp increase in U.Scrude inventories dataipM
The daily K-line chart shows that NYMEX Crude oil futures closed at a small negative line with a lower shadow line Crude oil prices held steady in Asia European sessions continued to fall and closed lower ipM
　　NYMEX May crude futures hit a high of $93.26 a barrel, falling as low as $90.11 a barrel, or 2.60 percent, to $91.03 a barrel ipM
　　Fundamentals: Uk manufacturing contracted slightly in April, but by a much smaller margin than expected, according to the latest data from markit, the 's ipM data compiling agency, on Wednesday The data showed that the UK's Markit/CIPS Manufacturing Purchasing Managers' Index (PMI) stood at 49.8 in April, very close to the 50 mark, better than the 48.5 expected level ipM
　　Fundamentals: ipM 1 China Manufacturing Purchasing Managers' Index (PMI) for April 2013 released by the China Federation of Logistics and Purchasing, the National Bureau of Statistics Service Survey Center, was 50.6%, higher than 50% for the first seven consecutive months, and remains in a stable range But the index fell 0.3 percentage points from the previous month, the strength of the increase is weakening, the momentum of economic growth needs to strengthen ipM
　　A report released Wednesday by ADPEmployer Services, a private employment service, showed that U.S ADP private employment rose 119,000 in April, well below analysts' expectations This is one of the latest data to prove the weakness of the economy Analysts had expected employment to increase by 150,000 in April In March, the number of private employment increased by 131,000, with the previous value increasing by 158,000 ipM
　　3.U.S manufacturing PMI fell to 52.1 in April, its lowest level since October and 54.6 in March, in the latest sign of economic weakness as new orders and employment cooled However, this is still a slight improvement from the initial value of 52.0 A value above 50 represents expansion ipM
　　4 U.S EIA crude oil inventories increased by 6.7 million barrels last week, an estimated increase of 1 million barrels ipM technical surface analysis: ipM day K line chart shows that NYMEX Crude oil futures closed in April with the lower negative line Oil prices are below the 5-average, macD indicator red kinetic column expands, KDJ indicator is down ipM
　　Future outlook: ipM Energy analyst Hans van Cleef said: "Continued oil production, coupled with a weak economic recovery, will dampen oil prices, and overall I think weak demand and abundant supply will eventually cause the average price to fall in 2013 (compared to 2012), a trend that will continue into 2014 and 2015." "。 ipM China and the U.S reported poor manufacturing purchasing managers' indices, while U.S private sector employment was weaker than expected, while the Federal Reserve's policy meeting was not new, while U.S crude oil (91.18, 0.15, 0.16%) inventory data increased sharply and crude oil prices fell NYMEX May crude futures hit a high of $93.26 a barrel, falling as low as $90.11 a barrel, or 2.60 percent, to $91.03 a barrel ipM
　　Wednesday (May 1) : ipM China and the U.S report poor manufacturing purchasing managers' index, while U.S private sector employment was weaker than expected, while the Federal Reserve's policy meeting results were not new, and U.S crude oil prices fell after a sharp increase in U.S crude inventories data ipM
　　The daily K-line chart shows that NYMEX Crude oil futures closed at a small negative line with a lower shadow line Crude oil prices held steady in Asia European sessions continued to fall and closed lower ipM
　　NYMEX May crude futures hit a high of $93.26 a barrel, falling as low as $90.11 a barrel, or 2.60 percent, to $91.03 a barrel ipM
　　Fundamentals: Uk manufacturing contracted slightly in April, but by a much smaller margin than expected, according to the latest data from markit, the 's ipM data compiling agency, on Wednesday The data showed that the UK's Markit/CIPS Manufacturing Purchasing Managers' Index (PMI) stood at 49.8 in April, very close to the 50 mark, better than the 48.5 expected level ipM
　　Fundamentals: ipM 1 China Manufacturing Purchasing Managers' Index (PMI) for April 2013 released by the China Federation of Logistics and Purchasing, the National Bureau of Statistics Service Survey Center, was 50.6%, higher than 50% for the first seven consecutive months, and remains in a stable range But the index fell 0.3 percentage points from the previous month, the strength of the increase is weakening, the momentum of economic growth needs to strengthen ipM
　　A report released Wednesday by ADPEmployer Services, a private employment service, showed that U.S ADP private employment rose 119,000 in April, well below analysts' expectations This is one of the latest data to prove the weakness of the economy Analysts had expected employment to increase by 150,000 in April In March, the number of private employment increased by 131,000, with the previous value increasing by 158,000 ipM
　　3.U.S manufacturing PMI fell to 52.1 in April, its lowest level since October and 54.6 in March, in the latest sign of economic weakness as new orders and employment cooled However, this is still a slight improvement from the initial value of 52.0 A value above 50 represents expansion ipM
　　4 U.S EIA crude oil inventories increased by 6.7 million barrels last week, an estimated increase of 1 million barrels ipM technical surface analysis: ipM day K line chart shows that NYMEX Crude oil futures closed in April with the lower negative line Oil prices are below the 5-average, macD indicator red kinetic column expands, KDJ indicator is down ipM
　　Future outlook: ipM Energy analyst Hans van Cleef said: "Continued oil production, coupled with a weak economic recovery, will dampen oil prices, and overall I think weak demand and abundant supply will eventually cause the average price to fall in 2013 (compared to 2012), a trend that will continue into 2014 and 2015." "。 ipM