Global Economic Updates: China data improves, US manufacturing index picks up📈
Last Friday, China's economic data improved slightly (industrial production increased by 4.5% year-on-year, higher than the expected 3.9%). At the same time, the European Central Bank warned that it may raise interest rates again in December, trying to guide market expectations. In addition, the New York Fed manufacturing industry in the United States The index rebounded nicely (1.9 points), mainly driven by a 25-point increase in new orders, while the slowdown in import price inflation slowed down, falling 3% year-on-year, which was smaller than the previous 4.4%.
