GET READY: Thousands Of Companies Around The World Will Reveal The Truth About The Economy
This should be an interesting one because the U.S. - the world's largest economy - spent most of the month with its government shut down as Congress struggled to cobble together a budget deal.
Congress eventually cobbled together a deal, but the fiscal uncertainties linger.
"[T]he most likely outcome in both the US and euro area is that policymakers will do enough to avert a crisis, even if this involves further 'kicking the can down the road,'" said Citi's Willem Buiter.
Meanwhile in Asia, the sustainability of China's growth rates remain in doubt and liquidity concerns continue to linger in the emerging markets.
Today's PMI reports will reveal tons of valuable information regarding how all of these uncertainties hit various economies.
PMI
At the beginning of each month, Markit, HSBC, RBC, JP Morgan, and several other major data gathering institutions publish the latest local readings of the manufacturing purchasing managers index (PMI) for countries around the world. Read more about it at Markit.
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October 30 (All Times ET)
- 7:15 p.m. Japan: Markit/JMMA Manufacturing PMI - 54.2, up from 52.5 in September
October 31, November 1
- 7:30 p.m. Australia: AiG Manufacturing PMI
- 8 p.m. South Korea: HSBC Manufacturing PMI
- 9 p.m. China: NBS Manufacturing PMI
- 9:45 p.m. China: HSBC Manufacturing PMI
- 10 p.m. Taiwan: HSBC Manufacturing PMI
- 10 p.m. Vietnam: HSBC Manufacturing PMI
- 11 p.m. Indonesia: HSBC Manufacturing PMI
- 1 a.m. India: HSBC Manufacturing PMI
- 1 a.m. Russia: HSBC Manufacturing PMI
- 2 a.m. Ireland: Investec Manufacturing PMI
- 4 a.m. Turkey: HSBC Manufacturing PMI
- 4 a.m. Netherlands: NEVI Manufacturing PMI
- 5 a.m. Greece: Markit Manufacturing PMI
- 5:30 a.m. U.K.: Markit / CIPS Manufacturing PMI
- 8 a.m. Brazil: HSBC Manufacturing PMI
- 9 a.m. U.S.: Markit Manufacturing PMI
- 9:30 a.m. Canada: RBC Canadian Manufacturing PMI
- 10 a.m. U.S.: ISM Manufacturing
- 10:30 a.m. Mexico: HSBC Manufacturing PMI
November 4
- 4 a.m. Poland: HSBC Manufacturing PMI
- 4:15 a.m. Spain: Markit Manufacturing PMI
- 4:45 a.m. Italy: Markit/ADACI Manufacturing PMI
- 4:50 a.m. France: Markit Manufacturing PMI
- 4:55 a.m. Germany: Markit/BME Manufacturing PMI
- 5 a.m. Eurozone: Markit Manufacturing PMI
- 11 a.m. Global: JPMorgan Manufacturing PMI