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Breaking Posted 3 hours ago

China Services PMI Falls from 51.6 to 50.8 in October

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China's services activity cooled in October, with the general services PMI declining to 50.8 from 51.6, signaling slower demand growth. This weakens the demand leg of the AUD macro chain; traders now watch whether inflation can hold up as demand softens, a key driver for RBA policy divergence versus other central banks.
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1 hour ago

China Services Activity Slows for First Time Since July

China's private services PMI unexpectedly weakened, marking the first slowdown since July as business confidence eased and firms cut prices despite rising input costs. USD/CNH may strengthen on growth concerns; watch for broader Asia-Pacific currency reaction and implications for Chinese rate-cut pressure.

https://www.bloomberg.com/news/articles/2026-11-04/china-services-gauge-unexpectedly-dips-for-first-time-since-july
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