It's a busy week for China Purchasing Manager Index data, here is a heads up on early private data as a preview
Standard Chartered Small and Medium Enterprise Confidence Index (surveys around 500 firms)
- 55.2 this month from 56.2 in September
- Three key sub-gauges tracking current performance, three-month expectations and credit conditions all eased
- Weaker demand, supply-side disruption cited as weighing on production activity
China Satellite Manufacturing Index
- 51.08 from 51.69 last month
- tracks commercial satellite imagery to gauge activity levels across thousands of industrial sites
S&P Global Platts China Steel Sentiment Index
- 33.61 this month from 60.87 in September
- based on a survey of 75 to 90 China-based market participants including traders and steel mills
- "Chinese steel market sentiment slumped in October amid uncertainty around the impact of Beijing's mooted winter production cuts"
China Economic Panel (joint project of the Centre for European Economic Research (ZEW) in Mannheim, Germany, and Fudan University in Shanghai)
- expectations for the next 12 months climbed to 17.3 this month from 8.3 in September
- "The outlook for the next 12 months has significantly improved"
- Retail and investment banking and the insurance sectors saw the strongest growth compared to the previous month.
Sales Managers
- Sentiment among sales managers improved slightly
- manufacturing sector to a 15-month high
- non-manufacturing sector slid
- overall gauge edged to 51.9 in October from 51.7 last month
