11-02-2018, 12:51 PM
China’s manufacturing sector worsened in October as the trade war hit home, adding to risks the global economy may be edging toward a synchronized slowdown. China’s official factory gauge missed estimates with a reading of 50.2 and its exports sub-index slumped to the lowest reading since early 2016. In other data released Wednesday, Industrial output for September in South Korea and Japan came in below estimates, as did third quarter output in Taiwan.
Weaker China Adds to Risks of a Synchronized Global Slowdown
Eurozone already slowing, US also, it's getting chilly out there..