Business Insider- HEADS UP: The world’s biggest economies will release their October manufacturing PMI reports over the next two days, and this is our scorecard.
Day one includes reports from the major Asian and American economies, as well as Greece.
Overall, PMI figures improved in October, including China.
One notable loser was Japan. However, this could be due to an ongoing row with China.
Earlier, we learned that China’s official manufacturing PMI climbed to 50.2 in October, which was right in line with expectations.
At the beginning of each month, Markit, HSBC, RBC, JP Morgan and several other major data gathering institutions publish the latest local readings of the manufacturing purchasing managers index (PMI) for countries around the world.
PMI is one of the best leading indicators of the economy.