China's official PMI tips to 49.8, up from August's 49.2
but missing expectations of 50.1 - and still below 50. The number largely
matches HSBC's read in showing still-deteriorating manufacturing
activity in the country
Australia's September PMI falls to 44.1 from 45.3 previously,
the decline led by New Orders dropping 4.8 points to 44.3. Input prices remain
in expansion territory at 57.1, while output prices accelerate their decline at
41.2 - not good for corporate profits. The ASX 200 goes slightly red after an
early 0.5% gain. The aussie is at session lows, -0.5% and
buying $1.0330.
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