Chinese RatingDog Composite PMI (Jan) 51.6 (Prev. 51.3)

Newsquawk Staff · 4 Feb 2026, 02:05 UTC

What it means

The rise in the Chinese Composite PMI to 51.6 from 51.3 indicates a slight strengthening in economic activity, signaling growth in the services and manufacturing sectors. This stable reading may support a positive outlook for recovery in China's economy, potentially influencing forex markets as investors reassess their currency positions in light of improved economic signals.

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US Market Open, 6 Nov, 10:48 UTC · what it led with

APAC stocks were pressured; KOSPI slumped 6% following hefty losses in Samsung and SK Hynix.
USD is firmer against all G10 peers awaiting the US NFP report.

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