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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ChinaChina HSBC Manufacturing PMI. climbed to 50.9 in October 2013
FMPMonthlyReleased October 2013
China HSBC Manufacturing PMI. climbed to 50.9 in October 2013, up 0.7 from September's 50.2 reading. The reading matched the 50.5 consensus.
Latest Release
50.9
Actual
50.5
Consensus
50.2
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/CNY | ▼ Inverse | −0.50 | FOREX | Bullish CNY | → View |
| AUD/USD | ▲ Direct | +0.45 | FOREX | Bullish AUD | → View |
| Copper | ▲ Direct | +0.40 | COMMODITIES | Watch | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
HSBC Manufacturing PMI. (China) was reported at 50.40 in November 2013. The reading fell from the previous value of 50.90. This is classified as a medium-impact indicator released on a monthly basis.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/CNY (Bullish CNY). A secondary relationship exists with AUD/USD, positively correlated (Bullish AUD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include NBS Non Manufacturing PMI (Jun 30) and NBS Manufacturing PMI (Jun 30).
Auto-generated from current model state · Refreshes on each release · Last update November 2013.
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HSBC Manufacturing PMI. - CN
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About HSBC Manufacturing PMI. — China
DEFINITION
The HSBC Manufacturing PMI is a widely recognized financial indicator that measures the performance of the manufacturing sector in a specific country. It is based on a monthly survey of purchasing managers, providing valuable insights into key economic factors such as production, new orders, employment, and prices. This indicator is used by investors, businesses, and policymakers to gauge the health of the manufacturing industry and make informed decisions. With its timely and accurate data, the HSBC Manufacturing PMI is a crucial tool for monitoring economic trends and forecasting future market conditions.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Nov 2013): actual 50.4. Prior reading (Oct 2013): 50.9. Before that (Aug 2013): 50.1.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. Current dynamics are the primary headwind in the projection. This indicator correlates most strongly with USD/CNY (Bullish CNY, r=-0.50) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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Economic Calendar - CN Events
| Friday, June 26, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 09:00 | CN | Current Account | 243.8 | 184.1 | 184.95 | Low | |
| Saturday, June 27, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 01:30 | CN | Industrial Profits YoY | 18.2 | 20 | 27.15 | Low | |