Indian HSBC Manufacturing PMI Flash (Jan) 55.4 vs. Exp. 56.8 (Prev. 55)

The Indian HSBC Manufacturing PMI flash reading of 55.4 falling short of expectations at 56.8 suggests a slight deceleration in manufacturing activity compared to previous months.

Newsquawk StaffPublished 2 Feb 2026, 05:20 UTCOn the live feed at 05:00 UTC, 20 minutes before this page

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06:25

[MARKET UPDATE] Metals sell-off continues with spot gold down about 9% and with spot silver suffering losses of around 14%, while copper futures extend on session lows with losses of around 6%

06:16

Temasek and LIC (LIC IS) are said to plan share sales in NSE's India IPO

05:00

Indian HSBC Manufacturing PMI Flash (Jan) 55.4 vs. Exp. 56.8 (Prev. 55)

04:00

Indonesian Balance of Trade (Dec) 2.52B vs. Exp. 2.45B (Prev. 2.66B, Rev. From 2.84B)

04:00

Indonesian Exports YoY (Dec) Y/Y 11.64% vs. Exp. -2.4% (Prev. -6.60%, Rev. From -6.6%)

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Context

While this still indicates expansion, the miss relative to expectations could raise concerns about the sustainability of growth, impacting market sentiment and potentially influencing monetary policy discussions.

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