China RatingDog Services PMI Eases, Margin Pressures Build
Key Points:
China’s RatingDog Services PMI slipped to 52.6 in October, signaling a slowdown in economic momentum.
Foreign demand fell sharply amid global trade uncertainty, while domestic orders showed signs of resilience.
Hang Seng Index and AUD/USD reacted to the weaker PMI, reflecting market caution over China’s outlook.
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