Weak PMI The official manufacturing PMI fell below the 50 neutral mark to 49.5 after it increased to 50.2 in September. Further, the official non-manufacturing PMIs for October eased back to 50.
6 from 51.7 in September. The downward pressure on CNY will likely persist before economic growth decisively gains a solid footing. In the meantime, PBoC is likely to continue to target CNY stability.
PBoC sets USD/CNY reference rate at 7.1781 vs. 7.1782 previousOn Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1781 as compared to Friday’s fix of 7.178 Read more ⮕
EUR/USD Price Analysis: Retraces the recent gains, hovers below 1.0600EUR/USD moves downward after recent gains, hovering below 1. Read more ⮕
Maine mass shooting suspect tried to buy suppressor in August, denied due to mental healthInvestigators say the Lewiston mass shooting suspect tried to get a suppressor, also called a silencer, but was stopped from doing so in August. Read more ⮕
Home Prices Likely Rose in August—But a Slowdown LoomsOn a year-over-year basis, Case-Shiller’s 20-city index is expected to post the largest gain since January. Read more ⮕
New Kids on the Block, Paula Abdul coming to Noblesville in August 2024Carlos Diaz talked with Kiros Sistevaris of Circle City Tickets about how to have the best ticket experience as people head back to concerts this summer. Read more ⮕
New Kids On The Block set return to Indy for August 2024James Howell joined WRTV as a digital content producer in March 2022. Read more ⮕