Group 1 - The U.S. EIA will release crude oil inventory changes for the week ending October 24, with a previous decrease of 961,000 barrels. A continued decline in this data could support an increase in crude oil and related commodity futures prices [1] - The Federal Reserve FOMC is expected to announce a 25 basis point reduction in the federal funds rate during its meeting on October 30, followed by a press conference by Chairman Powell [2] - The European Central Bank is anticipated to keep the benchmark interest rate unchanged during its meeting on October 30, with a press conference by President Lagarde following the announcement [3] Group 2 - The Eurozone's preliminary GDP for Q3 is expected to show a seasonally adjusted quarterly growth rate of 0.1% and an annual growth rate of 1.2%. A slight decrease from the previous annual rate could mildly suppress the rise in commodity futures prices, excluding gold and silver [4] - The U.S. is set to release its preliminary GDP for Q3, with expectations of a 3% annualized quarterly growth rate, down from the previous 3.8% [5] Group 3 - China will announce the official manufacturing and non-manufacturing PMIs for October on October 31, with expectations of a manufacturing PMI of 49.6 (previously 49.8) and a non-manufacturing PMI of 49.8 (previously 50). A slight decline in both PMIs could mildly suppress commodity and stock index futures prices but support government bond futures [6] - The U.S. will release the PCE price index for September, with expectations of a year-on-year rate of 2.7% (unchanged from the previous value) and a core PCE year-on-year rate of 2.9% (also unchanged). A slight decrease in the year-on-year rates but a slight increase in the month-on-month rate could strengthen market expectations for a 25 basis point rate cut by the Fed in November [7]

Group 1 - The official comprehensive PMI for China in September is 50.6, slightly up from the previous value of 50.5 [1] - The official non-manufacturing PMI for China in September is 50, down from the previous value of 50.3 [1]

Core Insights - The official non-manufacturing PMI in China for July is reported at 50.1, a decrease from the previous value of 50.5 [1] Group 1 - The non-manufacturing PMI indicates a slight contraction in the sector, as a reading below 50 suggests a decline in activity [1]

Core Viewpoint - China's official non-manufacturing PMI for June is reported at 50.5, an increase from the previous value of 50.3, indicating a slight improvement in the non-manufacturing sector [1] Group 1 - The non-manufacturing PMI remains above the neutral level of 50, suggesting continued expansion in the sector [1] - The increase in PMI reflects positive sentiment in the services and construction industries, which are critical components of the non-manufacturing sector [1]

Core Insights - The official non-manufacturing PMI in China for May is reported at 50.3, slightly down from the previous value of 50.4 [1] Group 1 - The non-manufacturing PMI remains above the neutral level of 50, indicating continued expansion in the sector [1]

Core Viewpoint - The article highlights the upcoming release of China's official manufacturing PMI, non-manufacturing PMI, and composite PMI for May, which are key indicators of economic performance and industry health [1] Group 1 - The official manufacturing PMI for May will be announced, providing insights into the manufacturing sector's performance [1] - The official non-manufacturing PMI for May will also be released, reflecting the state of the services sector [1] - The composite PMI for May will be published, offering a comprehensive view of economic activity across both manufacturing and services [1]

Group 1 - The official non-manufacturing PMI in China for April is reported at 50.4, a decrease from the previous value of 50.8 [1]