A report on the health of China™s manufacturing sector improved in September, although it was still below the line indicating contraction.
The manufacturing purchasing managers™ index rose to to 49.8, according to data released by the National Bureau of Statistics on Monday. That™s better than the 49.6 forecast in a Bloomberg survey of economists.
The non-manufacturing gauge was 53.7, above the 50 level that divides expansion from contraction.
A separate PMI focused more on smaller, export-orientated firms due later Monday is forecast to show a slowing expansion.
The improved result comes after economic activity slowed in August, with industrial output growing at the slowest pace for a single month since 2002. A set of early data collated by Bloomberg showed that trend continuing in September.
Industrial output may see a pickup from the very weak increase in August, China International Capital Corp. economists led by Eva Yiwrote in a note before the data. However, based on the current trend, the œdownside risk for third-quarter GDP has increased materially, highlighting the urgency for more decisive and effective counter-cyclical efforts.
Source: Bloomberg
Upah Jepang naik lebih dari yang diperkirakan pada bulan November, menawarkan harapan pengeluaran konsumen yang lebih kuat dapat memicu inflasi jika kenaikan berkelanjutan. Secara keseluruhan, pendap...
Rumah tangga Jepang secara tak terduga memangkas pengeluaran pada bulan Oktober seiring kenaikan moderat upah, menunjukkan kelanjutan pelemahan dalam konsumsi yang dapat membebani setiap rebound dari ...
Ekonomi Australia berekspansi kurang dari yang diperkirakan dalam tiga bulan hingga September di tengah konsumsi yang lamban dan seiring konstruksi komersial menurun. Mata uang merosot hampir setengah...
Aktivitas di pabrik-pabrik China kembali ke wilayah ekspansi pada bulan Oktober setelah stagnan pada bulan September, indeks swasta menunjukkan, berbeda dengan data resmi yang menunjukkan ekspansi yan...
Indeks aktivitas resmi di sektor manufaktur China memburuk pada bulan Oktober seiring dampak dari perang dagang yang sedang berlangsung dengan AS memukul domestik. Indeks manajer pembelian manufaktur...
Tokyo stocks opened higher on Wednesday as investors cautiously welcomed tentative signs of an improvement in the coronavirus crisis battering the global economy. The benchmark Nikkei 225 index climbed 0.55 percent or 103.94 points at 19,054.12 in...
Hong Kong stocks enjoyed another healthy rally Tuesday, in line with an Asia-wide advance and following a surge on Wall Street, with traders cheered by signs the rate of coronavirus infections is slowing. The Hang Seng Index climbed 2.12 percent,...
U.S. stocks finished a volatile session in negative territory, as investors failed to nudge equity benchmarks to a second straight gain. Stocks had been rising throughout the session amid continued signs of the slowing spread of COVID-19 across...
Gold prices were little changed on Monday morning as traders remained cautious amid the continuous economic turmoil.
Gold Futures was up by 0.04%...
Gold futures climbed on Monday to settle at their highest in more than seven years.
"Fiscal and monetary stimulus will provide a nice backdrop for...
Gold futures finished lower on Tuesday, easing back after briefly climbing above $1,700 an ounce for the first time since late 2012.
There was a...
Tokyo's key Nikkei index opened lower on Monday amid ongoing fears about the coronavirus pandemic.
The benchmark Nikkei 225 index was down 0.03...