Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
Hong KongHong Kong S&P Global Manufacturing PMI fell to 49.5 Points in August 2026
FMPMonthlyReleased September 2026
Hong Kong S&P Global Manufacturing PMI fell to 49.5 Points in August 2026, released September 2026, down 1.5 Points from July's 51 Points reading.
Latest Release
49.500000
Actual
—
Consensus
51.000000
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 | Co-movement | Action |
|---|---|---|---|---|---|
| XAU/USD | ▼ Inverse | −0.75 | COMMODITIES | Moves against | → View |
| Hang Seng | ▼ Inverse | −0.67 | INDEX | Moves against | → View |
| S&P 500 | ▼ Inverse | −0.46 | INDEX | Moves against | → View |
| BTC/USD | ▼ Inverse | −0.26 | CRYPTO | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
S&P Global Manufacturing PMI (Hong Kong) was reported at 49.50 Points in August 2026. The reading fell from the previous value of 51.00 Points. Over the past 12 months, the indicator has averaged 51.43 Points, ranging from 49.50 Points to 53.30 Points across 9 releases.
WHY IT MATTERS
The trailing three releases averaged 50.30 Points, down from the prior three at 52.50 Points. Volatility over the past year (σ 1.19 Points) is higher than the prior year (σ 1.00 Points).
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU). A secondary relationship exists with Hang Seng, negatively correlated (Bearish Hang Seng).
WHAT TO WATCH NEXT
The next release is scheduled for October 6, 2026.
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
SHARE
S&P Global Manufacturing PMI - HK
Loading chart data...
About S&P Global Manufacturing PMI — Hong Kong
DEFINITION
The S&P Global Manufacturing PMI is a widely recognized financial indicator that measures the performance of the manufacturing sector in major economies around the world. It provides valuable insights into the health and growth of the global manufacturing industry, serving as a key barometer for investors, businesses, and policymakers. The index is based on a monthly survey of purchasing managers, and its timely and accurate data is highly regarded for its ability to forecast economic trends and inform decision-making.
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. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual 49.5 Points. Prior reading (Jul 2026): 51 Points. Before that (May 2026): 50.4 Points.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with XAU/USD (Bearish XAU, r=-0.75) — a useful reference for commodities-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - HK Events
| Monday, September 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 08:30 | HK | Industrial Production YoY | 2.3 | 3.1 | 2.5 | 2.40 | Low |