october: The official purchasing managers' index PMI fell to 50.2 in October, the lowest since July 2016 and down from 50.8 in September, according to The Guardian. A figure below 50 represents a contraction. No-deal Brexit would trigger lengthy UK recession, warns S&PRead more China's manufacturing sector barely expanded in October as both domestic and external demand ebbed, according to a closely watched metric released on Wednesday. New export orders, an indicator of future activity, contracted for a fifth straight month and at the fastest pace in at least a year. The moves have included pumping tens of billions of dollars into the financial system and other measures to prop up local shares. The figures suggest a further slowing in the world's second-biggest economy and could prompt more policy support from Beijing on top of a raft of recent initiatives.
(news.financializer.com). As
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