A private gauge of the manufacturing industry of China bounced back from the lowest level in 6 and half years.

In October, the Purchasing Managers’ Index from Caixin Media and Markit Economics enhanced to 48.3 in October, beating the median estimate of 47.6 in a Bloomberg survey and jumped from the final reading of 47.2 last month.

The material has been provided by InstaForex Company – www.instaforex.com