At 02:30 (GMT+2), data on business activity index in the manufacturing sector for January from Caixin will be published in China. The indicator reflects the state of business activity in the national manufacturing industry and is calculated on the basis of a survey of purchasing and supply managers of leading national enterprises in all sectors. At the same time, the attitude of procurement and supply managers to the current economic situation and prospects for its further development are evaluated. It is predicted that the value will fall again, this time from 49.7 to 49.5 points, and for the second month in a row will remain below the border level of 50.0, where the sector slows down. The implementation of the forecast may affect Asian currencies and EUR negatively.
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