Manufacturing PMI. China, 03:00 (GMT+2)

Chinese Manufacturing PMI for January is due at 03:00 (GMT+2). The indicator is compiled from the enterprises responses about their purchasing activities and supply situations. At the same time, the attitude of purchasing managers to the current economic situation and prospects for its further development is evaluated. It is expected that the indicator will continue to decline for the fifth consecutive month and will reach 49.3 points. Thus, the pessimism associated with the trade conflict between the United States and China will continue to increase.

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