Your Daily Brief For October 3rd

Your Daily Brief For October 3rd

about 2 months ago1 min

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Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll be looking at China's dicey recovery: manufacturing is on the mend, but weakness still persists in the country’s job and export markets.

"China's official PMI for manufacturing improved slightly in September, crossing the key 50-mark, but a private report suggests that a broader economic recovery may not be on the horizon as job and export markets still face challenges."

Key takeaways:

  • An official gauge of manufacturing activity in China turned positive in September, but recovery is not guaranteed
  • The Bank of Japan is buying bonds, the reverse of inflation-fighting rate hikes


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