China October Caixin / Markit manufacturing PMI 53.6 (vs. expected 52.8)

A beat for the private survey PMI after the same for the official version released over the weekend

53.6

• expected 52.8, prior 53.0

From the report, Key findings:

• Output rises sharply amid quickest increase in total new work for nearly a decade
• Pandemic dampens growth of new export orders, however Business confidence reaches highest since August 2014

Official data released Saturday:

• China official PMIs for October: Manufacturing 51.4 (vs expected 51.3) Services 56.2 (expected 56.0)