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Review developments alongside their sources, alternative interpretations and price reactions.
EURUSD—
1 storyHigh impact only
Summary language English
Latest news
Oct 31
High impactmalaysia.news.yahoo.comOct 31 05:13AI thesis not measured

China’s factories contract again as domestic and export demand weaken

Source: malaysia.news.yahoo.com · 05:13
Show on chart
AI · systemfrom 1 sources · updated at 08:03

China’s official manufacturing PMI fell to 49.3 in October from 50.1 in September, missing the 50.0 forecast in a Reuters poll. Services and construction also slipped into contraction, with the non-manufacturing PMI at 49.7. Reuters reports weakness in both domestic demand and export orders, prompting economists to call for more policy support. The slowdown was uneven: production and new orders in several equipment and electronics industries remained above the expansion threshold.

Related currencies / asset groups: CNH

ThesisNo pair-specific direction statedAI · sourced
  1. Reuters reports China’s official manufacturing PMI fell to 49.3 in October from 50.1 in September, below its poll forecast of 50.0.

    malaysia.news.yahoo.com
  2. The non-manufacturing PMI, covering services and construction, fell to 49.7 from 50.2 in September, Reuters reports.

    malaysia.news.yahoo.com
  3. Production and new orders gauges for several equipment and electronics manufacturing industries were at or above 53.0, Reuters reports.

    malaysia.news.yahoo.com
Counter-thesisNo pair-specific direction statedAI · sourced

    What the market did USDCNH · 1 min · ±30 min around the story

    No USDCNH price data around this story yet.

    Ideas linked to this story sealed when published · the price writes the result

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    Full calendar

    Sources

    90 days
    ReliabilityAvg. move after events
    Source reliability considers corrections, primary reporting and consistency with other sources. Price movement is the average absolute change in EURUSD around publication. The two measures are independent.

    AI thesis accuracy

    90 days

    Not measured yet.

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    EURUSD news
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    ±15 pips within 30 min of a storyif the price reaction crosses the threshold