China plans third stock-market swap operation as requests exceed 100 billion yuan
China's central bank will conduct its third SFISF swap on November 3. Applications from 31 firms exceed 100 billion yuan, but no new allocation has yet been executed.
Stocks
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Economy
Financial markets, business analytics and economic trends.
Oil falls nearly 4% as Iran talks lift hopes of easing supply disruptions; Brent near $109
By 09:00 GMT on 2 November, Brent had fallen 3.7% to $109.23 and WTI 3.8% to $100.14. Qatari-mediated Iran talks eased immediate supply fears, although no peace agreement or Strait of Hormuz reopening has been confirmed.
Eurozone factory PMI revised to 52.7 in October: exports strengthen as costs accelerate
The final eurozone manufacturing PMI was 52.7, down from 52.9 in September but above the 52.4 flash estimate. Export orders were strong, while energy and supply costs intensified.
Two surveys, two pictures of China's factories: private PMI at 52.0, official reading at 49.3
China's private RatingDog/S&P Global manufacturing PMI edged down to 52.0 in October while the official survey fell to 49.3. The contrast highlights differences in the surveys, slower export-order growth and mounting price competition.
Indonesia's inflation eases to 3.23% in October, but food prices keep rising
Indonesia's annual inflation edged down to 3.23% from 3.28% in October, while prices rose 0.22% month on month. Chilli and transport costs remain pressure points; core inflation stood at 2.56%.
India's manufacturing PMI eases to 54.7 as export orders accelerate and domestic demand cools
India's final October manufacturing PMI slipped from 55.1 to 54.7, below the 54.9 flash reading. Export orders strengthened while output, hiring and domestic demand slowed.
Japan’s factory growth slows as October manufacturing PMI falls to 53.3
Japan’s final October manufacturing PMI declined from 54.1 to 53.3. Output and hiring continued to grow, but new orders lost momentum while input-cost pressure intensified.