At 03:45 (GMT+2), China will publish January data on the index of business activity in the manufacturing sector from Caixin. The indicator reflects the state of business activity in the national manufacturing industry and is calculated based on a survey of purchasing and supply managers of leading national enterprises in all industries. At the same time, their attitude to the current economic situation and the prospects for its further development is assessed. The indicator is expected to grow from the current 49.0 points to 49.5 points, which, in turn, may positively impact the yuan quotes.
