MNI: PBOC Net Drains CNY195.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1868 Weds; -2.18% Y/Y

MNI China Daily Summary: Tuesday, December 24

MNI: JAPAN NOV SERVICES PPI +3.0% Y/Y; OCT UNREV +2.9%

MNI: PBOC Net Drains CNY291.3 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Tues; -2.11% Y/Y

MNI: US REDBOOK: DEC STORE SALES +5.0% V YR AGO MO

MNI: US DEC PHILADELPHIA FED NONMFG INDEX -6

EZ/UK Bond Supply Calendar: BOE APF Sales Due 6 January

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CHINA: Manufacturing PMI Unexpectedly Expands in October. 

CHINA
EM BulletAPACChinaEmerging Market NewsBulletGlobalFixed Income BulletsForeign Exchange BulletsRegionMarkets
  • China’s Manufacturing PMI for October printed at 50.1.
  • Following on from September’s decline of 49.8, market expectations were a print of 49.9.
  • Non-manufacturing PMI printed at 50.1.
  • This followed last month’s print of 50.0.
  • Following five months of contracting, today’s expansion will be welcome news ahead of next week’s National People's Congress and suggests early positive signs from stimulus measures.
58 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • China’s Manufacturing PMI for October printed at 50.1.
  • Following on from September’s decline of 49.8, market expectations were a print of 49.9.
  • Non-manufacturing PMI printed at 50.1.
  • This followed last month’s print of 50.0.
  • Following five months of contracting, today’s expansion will be welcome news ahead of next week’s National People's Congress and suggests early positive signs from stimulus measures.